Paul Krugman Says TPP is “Weirdly Out of Touch”
Paul Krugman knows a thing or two about economics - he did win a Nobel Prize after all. So it's pretty significant when he describes the ultra-secretive Trans-Pacific Partnership as "weirdly out of touch with both economic and political reality"
Paul Krugman knows a thing or two about economics - he did win a Nobel Prize after all. So it's pretty significant when he describes the ultra-secretive Trans-Pacific Partnership as "weirdly out of touch with both economic and political reality"
Article by Paul Krugman for The New York Times
Everyone knows that the Obama administration’s domestic economic agenda is stalled in the face of scorched-earth opposition from Republicans. And that’s a bad thing: The U.S. economy would be in much better shape if Obama administration proposals like the American Jobs Act had become law.
It’s less well known that the administration’s international economic agenda is also stalled, for very different reasons. In particular, the centerpiece of that agenda — the proposed Trans-Pacific Partnership, or T.P.P. — doesn’t seem to be making much progress, thanks to a combination of negotiating difficulties abroad and bipartisan skepticism at home.
Read the rest of the article here.
Take action now!
Sign up to be in the loop
Donate to support our work