[ Dean Baker| August 29, 2016 | TruthOut] The latest line from proponents of the Trans-Pacific Partnership (TPP) implies that President Obama threatened long-standing national security relationships in his negotiating of the TPP. These proponents are not pushing the economic merits of the TPP, but rather arguing that its rejection by Congress would jeopardize longstanding…
[ Robert Scott| September 02, 2016 | EPI] Today’s Jobs Report from the BLS showed that the U.S. manufacturing sector lost 14,000 jobs in August and has now lost 57,000 jobs since January of this year. This job loss is, in part, a consequence of the sharp rise of the dollar in 2014 and 2015, which has…
Very few people are aware of the system known as the ISDS, the existence of which threatens the very principle of national sovereignty – and even Democracy itself. The acronym stand for Investor-State Dispute Settlement, and it is part of every bad free trade deal passed since the 1990s. It is at the heart of the…
[ Sylvan Lane| September 01, 2016 | The Hill] The president of the nation’s most powerful labor organization said Thursday that Hillary Clinton would be more receptive to workers’ needs as president than President Obama has been. AFL-CIO President Richard Trumka said that Obama has been “a good president for working people” and praised his selection of…
In the heart of Amish country, hat makers are maintaining a century-old business. [ CONNIE KARGBO, CHRISTOPHER BOOKER and CORINNE SEGAL| August 27, 2016 | PBS] The Bollman Hat Company, located in the small town of Adamstown, Pennsylvania, is America’s oldest hat maker, having survived since 1868. At the time, the machines used to produce the hats were powered by…
Two presidential candidates oppose it. So does much of the American public. But President Barack Obama, having staked much of his foreign policy credibility on a “pivot to Asia,” shows all the signs of wanting to push a major trade deal through Congress after the November elections. [ Inside Sources | August 31, 2016 |…
The reports of the Trans-Pacific Partnership’s death have been greatly exaggerated, unfortunately. [ Lori Wallach| August 31, 2016 | Huffington Post] It would great news if the pact, which would mean more power for corporations over our lives and government, and fewer good jobs for Americans, were ready to be boxed and buried. But more…
Nucor Corp, a massive U.S steel firm, has accused China of economic warfare against the US. John Ferriola, Chief Executive of the company, cites illegal government subsidies propping up Chinese steel companies at the expensive of the industry in the US. China has been accused of selling products at prices lower than production cost, in order…
by Michael Stumo National Public Radio interviewed Treasury Secretary Jack Lew revealing that he has zero understanding of voters concerns on TPP. When questioned about the massive voter rejection of the Trans-Pacific Partnership, Lew was basically dismissive. “Look, what I believe is that there’s a lot of anxiety and anger amongst working people around the…
[David Dayen| August 2, 2016 | Salon] Here’s one of the best indicators that Congress won’t approve the Trans-Pacific Partnership: business groups are running a public campaign in support of it. I know that sounds like a paradox, but if the image of the TPP weren’t so tattered, there would be no need for such an overt…
