Showing posts with label TPP. Show all posts
Showing posts with label TPP. Show all posts

Wednesday, July 27, 2016

Trans Pacific Partnership

Both candidates have done a bit of badmouthing of this deal.  This sounds strange coming from The Donald.  Republicans are traditionally in favor of free trade.  But, since the details of TPP have never appeared in the public press, it's impossible to form an real opinion about it.  If it lowers other country's tariffs against American products, it's a good thing.  America's tariffs are already pretty low, which accounts for all the Chinese product in Wal Mart, and all those Japanese and Korean cars on American roads.  With the exception of sugar, I doubt that American tariffs can be reduced much, I mean you can't go below zero can you?
   The scary part is what we don't know.  Rumor says the TPP covers a lot more than tariffs.  Perhaps  equal pay for all countries, or a world wide minimum wage.  Patent and copyright protection for 75 years.  Fixed exchange rates.  World wide safety standards, world wide green house gas regulations, universal freight rates, gun control, universal labor laws. 
   Since the text is secret, it could be anything.  I assume the Obama administration is keeping it secret to damp down opposition.  Or, perhaps the newsies are so ignorant of nearly everything, that they don't want to publish it. 
   Could be anything.  But discussion of TPP would be more meaningful if we knew what was in it.

Saturday, November 7, 2015

Too Damn Long. Vote it down

Trans Pacific Trade that is.  It is 2 million words, 2000 pages, and that's too much.  It would take months to figure out what it will do.  Passing it just gives to bureaucrats the power to do any thing they want.  In that much verbiage  a bureaucrat can always find a paragraph to justify what ever he is doing or wants to do. Passing another super-obfusticator bill is Congress abdicating to the bureaucracy.
   Congress ought to have a policy, never pass any bill, treaty, whatever that is longer than the US constitution.