According to former US Labor Secretary Robert Reich, “If the Trans Pacific Partnership is enacted, big corporations, Wall Street, and their top executives and shareholders will make out like bandits. Who will the bandits be stealing from? The rest of us.”
The TPP is “…being sold as a way to boost the U.S. economy, expand exports, and contain China’s widening economic influence.
In fact, it’s just more trickle-down economics.
The biggest beneficiaries would be giant American-based global corporations, along with their executives and major shareholders.
Those giant corporations initiated the deal in the first place, their lobbyists helped craft it behind closed doors, and they’re the ones who have been pushing hard for it in Congress – dangling campaign contributions in front of congressional supporters and threatening to cut off funding to opponents.
These corporations made sure the deal contains provisions expanding and protecting their intellectual property around the world, but notprotecting American jobs.”
Check out the rest of the story at the Christian Science Monitor Trans-Pacific-Partnership-is-more-trickle-down-economics-gone-wrong