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University: Obama's TPP 'trade' deal will whack 448,000 jobs, not save them as promised

Monday, February 1, 2016 11:45
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University: Obama's TPP 'trade' deal will whack 448,000 jobs, not save them as promised | 28 Jan 2016 | A new university analysis of the Trans-Pacific Partnership trade deal corporate takeover finds that President Barack Obama's promises of sweeping economic benefits are not only wrong, but that the treaty will actually hurt America, cut jobs, and further whack GDP. The analysis from the Global Development and Environment Institute at Tufts University near Boston found that some 448,000 jobs will be eliminated in the trade deal and that Gross Domestic Product, promised to nudge up, will go down. It said that U.S. jobs would be “hardest hit” of all the 12 nations in the deal, a huge part of Obama's legacy agenda…A copy on the university's website details the potential disaster the trade [sic] deal with Asia could be for the United States, despite Obama's promises.


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