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The Case Against ObamaRyan’s Trans-Pacific Partnership (TPP)
Kevin Kearns ^ | January 28, 2016 | Kevin Kearns

Posted on 04/01/2016 12:10:38 PM PDT by central_va

It won’t help the economy, it won’t stop China, and it will harm certain U.S. industries.

President Obama’s top 2016 legislative priority is passage of his legacy-building “free-trade” deal, the Trans-Pacific Partnership (TPP). But the American public is highly skeptical of TPP and its alleged beneficial economic effects.

The public has it right. The problems with the deal are legion.

Here are a few great reasons to oppose the deal:

TPP does not include provisions prohibiting currency manipulation or enforceable penalties for doing so. Currency manipulation has cost the U.S. thousands of factories and millions of jobs over the last two decades.

TPP fails completely to address across-the-board Value Added Taxes imposed on our goods at the border of every TPP country but Brunei. VATs raise the cost of U.S. goods and make them less competitive. Worldwide, VATs are estimated to cost U.S. firms $350 billion a year.

TPP guts Buy America provisions in U.S. law by allowing firms in any TPP country to bid on U.S. procurement, including Chinese state-owned firms located in Vietnam. Our tax dollars can thus go to China instead of to U.S. producers.

TPP has rules that allow Japanese automakers to incorporate Chinese parts in their cars and still receive favorable tariff treatment entering the U.S., thus harming the American auto industry.

(Excerpt) Read more at lifezette.com ...


TOPICS:
KEYWORDS: 2016election; alabama; election2016; free; h1b; jeffsessions; newyork; obamatrade; panamapapers; paulryan; sucks; tisa; tpa; tpp; trade; trump; wikileaks; wisconsin
TPP will produce no job growth, and add at most only 0.04% to our GDP by 2025. This is pocket change. Major studies by the Peterson Institute (2011), the U.S. Department of Agriculture (2014), the World Bank (2016), and Tufts University (2016) show little benefit — or actual job loss — from TPP. The Washington Post Fact Checker gave Obama 4 Pinocchios for claiming the TPP would add 650,000 jobs.
1 posted on 04/01/2016 12:10:38 PM PDT by central_va
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To: central_va
Ted Cruz: Establishment Candidate
2 posted on 04/01/2016 12:14:09 PM PDT by vikingrinn
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To: vikingrinn

Sad but true.


3 posted on 04/01/2016 12:15:34 PM PDT by central_va (I won't be reconstructed and I do not give a damn.)
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To: central_va

TEDDY CRUZ IS CONNECTED TO THIS AND I HOPE VOTERS OPEN THEIR EYES AND REJECT HIM BECAUSE OF THIS!


4 posted on 04/01/2016 12:26:52 PM PDT by blueyon (The U. S. Constitution - read it and weep)
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To: blueyon

Ted Cruz Flip-Flops Now Says He Supports “Fair Trade”
http://www.freerepublic.com/focus/f-news/3416504/posts


5 posted on 04/01/2016 12:40:00 PM PDT by Whenifhow
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WATCH: New Bush/Romney Operatives Ad Features Women Reading Controversial Trump Quotes -- 20 posted on 03/15/2016 3:19:55 PM PDT by dynoman

6 posted on 04/01/2016 1:05:15 PM PDT by SunkenCiv (Here's to the day the forensics people scrape what's left of Putin off the ceiling of his limo.)
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To: blueyon

I wonder if trump knew that Jeff Sessions voted for this. He should denounce sessions immediately or it just proves that trump is GOPe in disguise.


7 posted on 04/01/2016 1:08:59 PM PDT by Outlaw76 (Conservative, Showman, Rino. Make your choice wisely.)
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To: Outlaw76

Don’t be stupid. Jeff Sessions has been railing again’st the TPP. He is one of the most stringent opponents.


8 posted on 04/01/2016 1:34:09 PM PDT by Georgia Girl 2 (The only purpose of a pistol is to fight your way back to the rifle you should never have dropped)
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To: Georgia Girl 2

I do feel dumb. I swear I saw a voting list on it once that only had cotton voting against it. When I look today I notice that Cruz voted against both tpa and tpp.

Odd. You would think Cruz voted for them both.


9 posted on 04/01/2016 1:43:14 PM PDT by Outlaw76 (Conservative, Showman, Rino. Make your choice wisely.)
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To: Outlaw76

Odd you would think Jeff Sessions voted for it.

Cruz voted for cloture on TPA which was tatamount to voting for it. He would love to vote for TPP if he wasn’t now caught up in the presidential race and will take too much heat for it. If he has to go back to the senate look for Cruz to vote for TPP.


10 posted on 04/01/2016 1:46:16 PM PDT by Georgia Girl 2 (The only purpose of a pistol is to fight your way back to the rifle you should never have dropped)
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To: Georgia Girl 2

You don’t know what he would love to do. So cut that out. He voted against it.

I was thinking of the other thing trump fans love to throw at Cruz: Corker.

It’s Friday and almost beer thirty.


11 posted on 04/01/2016 1:56:10 PM PDT by Outlaw76 (Conservative, Showman, Rino. Make your choice wisely.)
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To: Outlaw76

Yeh I didn’t mention Corker because I was trying to go easy on you. I’ll bet you believe Felito will build the wall to. :-)


12 posted on 04/01/2016 2:07:05 PM PDT by Georgia Girl 2 (The only purpose of a pistol is to fight your way back to the rifle you should never have dropped)
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To: Georgia Girl 2

I believe Cruz will use his constitutional authority to make sure current laws are enforced. So, yes, he will secure the border.

Has trump distanced himself from sessions over Corker :)


13 posted on 04/01/2016 2:50:18 PM PDT by Outlaw76 (Conservative, Showman, Rino. Make your choice wisely.)
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To: Outlaw76

Cruz will do whatever the damned GOP-e tells him to do, he is NOW owned by them!!!! You go on living with your damned head in the sand borders WILL remain exactly as they are RIGHT NOW!!!


14 posted on 04/01/2016 2:53:34 PM PDT by Kit cat (OBummer must go)
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To: Outlaw76

Trump is with Sessions 100% and he will build the wall so we won’t have to worry about border security. Without a wall you will never secure the border.

Do you really think Jeb Bush’s people are going to let Cruz secure the border? That’s a dream.


15 posted on 04/01/2016 3:36:00 PM PDT by Georgia Girl 2 (The only purpose of a pistol is to fight your way back to the rifle you should never have dropped)
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