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Professor A. Palumbo
WRD 111
May 29, 2016
C2:Debates Overview
Throughout the eight years that President Obama has been in
office over twenty thousand pieces of legislation have been passed.
One of those pieces of legislation passed was the Trans Pacific
Partnership. A free trade agreement between the United States,
Canada, Australia, Brunei, Chile, Japan, Malaysia, Mexico, New Zealand,
Peru, Singapore, and Vietnam with a whopping 29 chapters. The TransPacific Partnership, or TPP for short, has been highly criticized by many
economists and citizens of some of the Pacific Rim countries such as
Malaysia and Vietnam for being pro corporate. The deal was negotiated
and debated behind closed doors for almost seven years before finally
being signed into action in February of 2016. The agreement wasnt
made public until September of 2015. A mere 6 years after the bulk of
negotiations had taken place. But many groups are coming together
around the world to stop the disastrous agreement. The Trans Pacific
Partnership has caused some controversy in the World. From losing
jobs overseas to increased drug prices and unsafe food conditions to
the gutting of Buy American these are just a few facets of the lengthy
agreement.
freedom. It is quite obvious to many that the agreement is very procorporate, but yet no one wants to question it.
The next portion of the Trans Pacific Partnership I would like to
cover is job off shoring. Ever since the financial crisis in 2008 jobs have
been a major topic of debate for both Democratic and Republican
Parties. While the economy has improved drastically since 2008 the
TPP might undo some of that progress. An estimated five hundred
thousand jobs are projected to be lost overseas for smaller wages
according to Tufts University Global Development and Environment
Institute. Its hard to compete with countries like Vietnam who would
offer to do work for 56 cents per hour, rather than the federal
minimum wage of $7.25. They have also said that countries will focus
more on the exportation of goods to other countries, rather than the
use of resources for their country. It is common for countries who focus
on exporting goods to lose jobs overall. Between the twelve countries
that signed the agreement, the Tufts University study estimates a total
of 771,000 jobs will be lost within ten years of signing the agreement.
Many other researchers have found the opposite and believe jobs may
increase and GDP will increase as well. However, the researchers at
Tufts University dont believe that to be the case. They said that other
researchers are to focused on just foreign trade, but have overlooked
the changes in labor force in these countries. With the loss of jobs
many also believe that will cause the income inequality gap to become
American jobs, but now the billions of U.S. tax dollars are being spent
to create jobs in and strengthen other countries. When members of
congress first heard of this close to 70 House and Senate members
opposed the idea of waiving Buy America. But rather than listen to the
members of congress the executive branch of negotiators continued to
implement the plan into the agreement. Some supporters of the
agreement believe this would be good for the United States because it
would allow U.S. firms the ability to bid on procurement contracts in
other countries that signed the agreement at the same rate. But others
believe that is ludicrous to be spending our own tax dollars to create
jobs in other countries.
As you can see there are many parts of the Trans Pacific
Partnership that seem to be working against the American people.
Offshoring jobs and tax dollars to boost profits by gutting policies that
have been around for decades. Leaving people with stacking medical
expenses due to increased drug prices. Creating unsafe conditions for
food and threatening the well being of people in the United States.
People against the Trans Pacific Partnership are growing everyday and
you can see why. For something so big and influencial to the American
people to be negotiated on in such secrecy makes you wonder how
much of this is for the people or for the 1 percent. And as I said before
these are just a few of the many parts to the agreement there is much
more to cover through the 29 chapters. So I would encourage you to
read through it yourself and try your best to educate yourself on some
of todays growing problems in our nation and others around us. And
hopefully people will start to pay attention to the legislation being
passed right under our noses and take a stand for what is right. But
until then all people can do is try their best to fight for the right cause.
DePillis, Lydia. Everything you need to know about the Trans Pacific
Partnership
The Washington Post Company. 11 December 2013. Web. 27 May
2016.
Ferguson, Ian. The Trans-Pacific Partnership Agreement Collingdale, PA:
DIANE
publishing, 2010. Print.
Pha, Anna. Trans-Pacific Partnership "strangling democracy".
Guardian Sydney,
No. 1628, 26 Feb 2014 Web. 24 May 2016.
Lewis, Meredith Kolsky, The Trans-Pacific Partnership: New Paradigm
or Wolf in
Sheeps Clothing? 11 August 2011. Boston College International
& Comparative Law Review, Vol. 34, p. 27, 2011; Victoria
University of Wellington Legal Research Paper No. 8/2011. Web.
26 May 2016.
Petri, Peter A. and Plummer, Michael G., The Economic Effects of the
Trans-Pacific
Partnership: New Estimates 1 January 2016. Peterson Institute
for International Economics Working Paper No. 16-2; East-West
Center Workshop on Mega-Regionalism - New Challenges for
Trade and Innovation. Web. 27 May 2016.