by Robert Reich | May 11, 2015 | Blog, Trade, Trans-Pacific Partnership
On Friday, President Obama chose Nike headquarters in Oregon to deliver a defense of his proposed 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. It’s true that over...
by Dave Johnson | May 8, 2015 | Blog, Trade, Trans-Pacific Partnership
Speaking at Nike's headquarters today, President Obama said this about the Trans-Pacific Partnership: "So when you look at a country like Vietnam, under this agreement, Vietnam would actually, for the first time, have to raise its labor standards. It would have to set...
by Mary Bottari | May 7, 2015 | Blog, Trade, Trans-Pacific Partnership
New data out today indicates that the U.S. trade deficit has swelled to the highest level in more than six years. This flood of imports robs American workers of jobs and saps the economic recovery. Yet President Obama is escalating pressure on Congress to approve...
by Dave Johnson | May 7, 2015 | Blog, Trade, Trans-Pacific Partnership
President Obama is scheduled to visit Nike's Oregon headquarters on Friday to promote the Trans-Pacific Partnership (TPP). Yes, Nike – a company that grew to billions by outsourcing jobs to overseas sweatshops, a company that sets up P.O.-box subsidiaries in tax...
by Isaiah J. Poole | May 6, 2015 | Blog, Trade, Trans-Pacific Partnership
Former Obama administration economist Jared Bernstein is taking his former White House colleagues to task in his new book, "The Reconnection Agenda," for a missed connection between trade policy and jobs. Specifically, Bernstein disagrees with the administration's...
by Dave Johnson | May 6, 2015 | Blog, Trade, Trans-Pacific Partnership
This week's news reports make it seem as if President Obama might be preparing to jump into the Republican presidential primaries, using trade as his issue. He should be careful, though: That's a (very) crowded field, and using trade to empower corporations over...