More Proof Obama’s TPP Deal Favors The Rich
May 10, 2015
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4:03Now PlayingMore Proof Obama’s TPP Deal Favors The Rich
YouTube Description
as posted by the channelPresident Barack Obama and congressional Republicans claim the middle class should like America's pending trade deal with 11 other Pacific nations. But there's one demographic that already loves it: billionaires.
Last week, dozens of New York City's power elite signed a letter to the state's congressional delegation, urging lawmakers to support the Trans-Pacific Partnership now in negotiations. Democrats in Congress largely oppose the TPP, and Republican leaders have said they don't have the votes needed to pass it without Democratic support.
But while Obama has struggled to win over members of his own party -- he has been publicly feuding with Sen. Elizabeth Warren (D-Mass.) -- wealthy CEOs probably aren't the ideal pitchmen to skeptical Democrats. Even if their letter hails the TPP as "a catalyst for creating new jobs in the United States" that will benefit "American workers in a broad range of industries."
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Cenk Uygur () discusses on The Young Turks.
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