Posted on 10/05/2015 5:20:01 AM PDT by sheikdetailfeather
The TPP Trade Deal is looming closer to becoming a finalized reality. Current negotiations center around Auto Manufacturing, and Japanese negotiators have constructed an outline that would devastate what remains of the U.S. Auto industry.
Unfortunately the K-Street lobbyists, funded by Wall Street through the U.S. Chamber of Commerce, have already greased the legislative skids to all but guarantee the elimination of thousands of jobs. Chamber of Commerce President Tom Donohue gave Senators $18 million in bribe money to insure passage.
The TPP deal encompasses approximately 40% of total global manufacturing. Trillions of dollars are at stake.
(Excerpt) Read more at theconservativetreehouse.com ...
No worries. The unemployment rate will remain at 5.1 %; might even dip to 4.8 % as long as Obama’s fedgov is counting.
Trans-Pacific Partnership
They’re providing foreign transmissions?
or
Foreign transgendered workers?
May I ask..wouldn’t these jobs lost to the auto industry be the people MOST loyal to the Democrats...namely UNION jobs?
What a wonderful illustration of Democratic gratitude and loyalty to their own.
Another step forward by the administration. What next?
Is this a treaty?
That is sooooooo pre-obama.
a loss of jobs is not good....a loss of union jobs IS good. Whenever a powerful union gets rolled back, there is a net increase in opportunity for others. The best auto plants in the US are the non union plants in the southeast and southwest.
Not making a comment on the trade deal, only commenting on the fact that a loss of “union jobs” is a politically loaded concept.
Destroy the UAW? Sounds good to me!
So, how bright do you have to be to avoid voting *for* this legislation, anyway? Jeff Sessions was loud and clear enough on this disastrous bill. To have ignored him gets your motives questioned. And, rightfully so.
Not just UAW jobs. ALL JOBS....
Auto industry jobs as a whole, will take a hit, union or otherwise. Mexico is set to overtake auto manufacturing in the near future.
A good chunk of the supplier base is already located in mexico/central america, with china pulling up the balance.
Once TPP goes through, anybody would be crazy for manufacturing any sort of vehicle in the US, let alone doing so would be a disservice to shareholders and investors.
I’m a little lost with all the politics of it, but will this make cars MORE or LESS expensive to American consumers??
Thank you Chamber of Commerce Ted for fast tracking this deal and insuring TPP will pass.
I’m a little lost with all the politics of it, but will this make cars MORE or LESS expensive to American consumers??
Your (consumer) pocket won’t see a significant difference.
The pockets of the Oligarchs will benefit greatly.
I just got that sick feeling, in my stomach, again...now that this has come to pass :(
It’s tough for me to work up much sympathy for the UAW.
Of course, they’d have less trouble competing for the American car buyer’s wallet if they didn’t build crap.
Another win for the globalists.
Cars in the US have been too expensive because of the artificial protections of the UAW. Anything that rolls that back can only make them less expensive...and not just to consumers....to the millions of contractors who have a fleet of pick ups....and to cities that buy trucks and cars....in other words, everything helps the end user which creates millions of jobs through economic activity.....balance against maybe a few hundred jobs here or there.
ALSO, the biggest German auto plant in the world is in....GREENVILLE SC. The best Honda engines are made....IN A NON UNION SHOP IN OHIO. This works.
this is classic conservative economics, which is sadly passe around here.
It seems obvious that most Americans would WANT to buy American made cars, all things being equal. There’s certainly nothing inherently more appealing about a car made in Japan or Korea. The more important question is WHY would your average American overcome their desire to improve their economy at home to buy something made somewhere else? They obviously see the value in it somewhere.
another thing....outside the price factor...is the quality factor. After WW2, there was a devastated world but a fully functioning Detroit....we pushed out some great cars in the 50s and 60s. That success led our industry to get fat and happy,, including the unions. For the next 20 years, our cars got worse but more expensive.
What made us better? Foreign competition. It hurt in the short run, but now US cars are again very good products and foreign cars made in the USA are also.
More liberty is always better - and less cronyism and protectionism...is too.
1. I see the UAW as part of what has caused the long term decline of the US. These greedy bastarda have destroyed or harmed everything they’ve touched.
So something that reduces the UAW isn’t all bad. At a certain point they will not have the critical mass to survive and will collapse and go away. And America will have one fewer cancer leaching away our lifeblood.
2. Largely because of the UAW and its dammocrap fellow gang members , the American car companies have usually been a step behind some foreign makes in terms of car quality. The American companies have improved, but they’re aiming at a moving target and therefore missing the mark.
3. Government bailouts. I have no problem with the government being the lender of last resort if that’s what was needed in GA and Chrysler bailouts. I have a big problems with government-run bailouts that do total violence to our bankruptcy laws, and wind up being sweetheart deals for the UAW, and screwing over bondholders and shareholders.
After the bailout, GM, chrysler, and the UAW can go f*** themselves. I will never ever buy anything from these moral monsters ever again. They are dead to me.
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