On Friday, President Obama chose Nike headquarters in Oregon to deliver a defense of the Trans-Pacific Partnership. It was an odd choice of venue. Nike isn’t the solution to the problem of stagnant wages in America. Nike is the problem.
Nike manufactures in Vietnam, and profits from Vietnamese workers being paid little and having few rights. If what the President says is true, then why would Nike be for it?
Sen. Bernie Sanders stands alone in his single-minded focus on the economy. His blunt talk on jobs, rising inequality, and the erosion of the middle class will force many White House hopefuls to address topics they would rather avoid.
In Nike, a company that grew by outsourcing jobs to overseas sweatshops, President Obama may well have found the perfect place to promote yet another job-destroying, billionaire-enriching trade deal.
Economist Jared Bernstein disagrees with the administration's decision to not address currency manipulation in the Trans-Pacific Partnership agreement being negotiated with 11 other trading partners.
A few recent stories make President Obama look like a candidate about to jump into the Republican presidential primaries, using trade as his issue.
Fast track is expected to come to the floor of the Senate soon for debate and then a vote – possibly even this week. Democratic Presidential candidate Hillary Clinton so far remains silent on the issue.
With the economic benefits of the trade deal admittedly limited, its supporters have increasingly peddled it as an answer to the threat that China will write the rules of the Asian markets. Don't believe the hype.
With fast track, We the People of the United States of America don't get to know what's in TPP until some time after Congress pre-approves it.
Republicans in Congress can read polls and letters from their constituents as well as Democrats. They are starting to realize that it might not be wise to rubber-stamp a fast track for the Trans-Pacific Partnership.
Corporations get a special channel for submitting claims and getting enforcement of the words that appear in the Trans-Pacific Partnership. Labor, environmentalists and other "stakeholders" don't get that.
Obama unleashed the furies in the debate over the Trans-Pacific Partnership by calling out Sen. Elizabeth Warren by name and scorning his opposition. That puts more pressure on Hillary to take a stand.
President Obama said that people who have concerns about Fast Track and TPP “don’t know what they’re talking about,” and compared them to conservatives like Sarah Palin talking about "death panels."
Sander Levin's "right track" bill was a path to doing at least some good for labor and others through passage of authorizing legislation for the Trans-Pacific Partnership. But it was quickly shut down.
There was a big rally in Washington on Monday to denounce the Trade Promotion Authority and the Trans-Pacific Partnership (TPP) trade deal that "fast track" will push through Congress.
"Past trade deals haven't always lived up to the hype." So Congress and the public need as much time as it takes to evaluate TPP, and must be allowed to fix problems that might turn up in that time.
The TPP isn’t some sort of futuristic flying machine. It’s just another global trade scam coming at us like a volcanic eruption straight out of hell. Now, TPP's supporters have begun a PR campaign to sell it to us.
Ohio gets it about "NAFTA-style" trade deals. Fast Track and the Trans-Pacific Partnership (TPP) are coming for the rest of Ohio's jobs and Ohio is fighting back. Will Hillary Clinton join the fight?
Any day now the fast track bill will be introduced in the Senate. Fast track is, in essence, congressional preapproval of the Trans-Pacific Partnership trade agreement.
The Trans-Pacific Partnership and the rigged “fast track” process are a new "third rail" to "the base." Progressive leaders are working to warn Hillary Clinton off from grabbing that new third rail.
The Seattle City Council unanimously passed a resolution opposing Fast Track and expressing strong concern about the upcoming Trans-Pacific Partnership (TPP).
The New York Times story on the contents of a leaked chapter of the TPP showed that it’s as bad as many of us feared: It would let firms "sue" governments for loss of "expected future profits." Let that sink in.
Reports say the idea is to “sharpen differences” among liberals and blacks. This naturally leaves progressives asking if it is really “progressive” to try to divide “liberals” and “blacks?”
Seattle's city council is preparing to vote on a resolution opposing fast track trade authority, and a number of organizations sent an open letter spelling out what an acceptable fast-track process would do.
Another reason to oppose fast-tracking the Trans-Pacific Partnership: The struggle in towns like Ferguson, Mo., to overcome racial and economic barriers is hard enough without another wrong-headed trade pact.
The title of the segment was “TPP Tradenado” and the topic was trade, the Trans-Pacific Partnership (TPP), fast-track trade authority and a new AstroTurf campaign supposedly from "progressives."
The AFL-CIO president's speech before the Peterson Institute of International Economics detailed his concerns regarding the Trans-Pacific Partnership and fast-track trade promotion authority legislation.
While the Trans-Pacific Partnership is still secret, leaks and precedent indicate that it will contain provisions allowing giant, multinational corporations to bypass our country’s legal system.
Krugman takes on the old trope that “protectionism” — democracies using tariffs to protect wages and regulations from being undermined by the lower costs that a thugocracy offers — harms the world’s economy.
A new PR campaign in support of Trade Promotion Authority a.k.a. “Fast Track” and the Trans-Pacific Partnership (TPP) is launching. As its foundation are a set of misleading (at best) claims beginning with a Four-Pinocchio whopper.
A continuing trade deficit literally drains our economy, jobs, wages, factories, entire industries and our ability to make a living as a country.
Food is more than just what we eat. It connects us to each other and our environment. And how we treat it is of tremendous importance to our democracy. Right now, the future of our food is being decided behind closed doors.
Opponents of fast track and the Trans-Pacific Partnership are gaining momentum. In spite of a virtual media blackout, public awareness of and mobilization against the coming trade deal is increasing.
Why can't we have a trade debate worthy of the reality we face? Unprecedented trade deficits have undermined America's working families. We need a new strategy, not another dishonest and corrupted debate.
Eight senators let the country know there is going to be a fight over fast track trade authority and the Trans-Pacific Partnership. Sen. Bernie Sanders said, "Enough is enough. This country now is in a major race to the bottom."
All the talk about “trade” deals might seem complicated, with all the “TPP” and “TPA” and “FTA” and “TTIP” floating around. It doesn’t have to be difficult, though.
I used to believe in trade agreements. That was before the wages of most Americans stagnated and a relative few at the top captured just about all the economic gains. The fact is, trade agreements are no longer really about trade.
There will be a series of rallies across the United States this week and next week to oppose Fast Track legislation. On Thursday between 1-2 p.m. ET you can join the #FightFastTrack Twitter storm.
USTR Michael Froman testified before the Senate Tuesday to push for Fast Track Trade Promotion Authority. Protesters disrupted the hearing.