28 February 2014

Krugman on TPP: Failure no big deal

See Free Trader Paul Krugman in the NYT today. He fails to mention the very negative effects the TPP would likely have (had) on internet privacy and the ability of the US to favor its own manufacturers in government procurement, which I believe is important for the preservation of a viable manufacturing sector in our country, but even he acknowledges that the administration's zeal for TPP, when there really are no barriers to trade involving the potential signers (including even China, which is not part of the proposed deal so far), is quixotic.

I remain opposed to TPP, and if the free trade establishment is beginning to realize that the thing is going to go nowhere, I say, great... in a country that sometimes seems to have gone stark raving mad in the last few years, it's one less thing to bemoan.

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