Yesterday, Paul Ryan, now chairman of the powerful House Ways and Means Committee, said he agreed with one initiative the President proposed in hist State of the Union: The Trans-Pacific Partnership trade deal. No surprise. Republicans and their corporate patrons have been pushing for this for years. But its a bad deal for most Americans because it would: 1. Allow corporations to outsource more U.S. jobs more easily. 2. Extend patent protections for Big Pharma, making it harder for lower-cost generic versions to get on the market. 3. Jeopardize all American health, safety, and environmental regulations by allowing global corporations to challenge them (in a tribunal outside and apart from any nation’s legal system) as inhibiting free trade. In other words, the Trans-Pacific trade deal violates the President’s “middle-class economics” – it won’t generate more American jobs and better wages – and should be rejected, along with the “fast-track” trade-promotion authority the White House and Republicans are pushing that would allow the bill to move quickly through Congress without amendment. When Paul Ryan is in favor of something, watch your wallet. What do you think?
Posted on: Fri, 23 Jan 2015 21:15:25 +0000
Trending Topics
Recently Viewed Topics
© 2015