Cenk Uygur
@TheYoungTurks·6.5M subscribers·72.8K videos
TPP = A MASSIVE Jobs Killer
Posted
January 24, 2016
Views
90,694
Likes
1,919
Comments
405
Engagement
2.56%
January 24, 2016
90,694
1,919
405
2.56%
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Jan 24, 20166:53Now PlayingPeople from across the political spectrum have been able to track down a few small problems with TPP, a massive mult-national corporate trade deal. One of its promises was to create jobs and higher GDP’s. Economists have found those promises false. John Iadarola (ThinkTank), Michael Shure, and Elliot Hill (The Lip TV), hosts of the The Young Turks, break it down. Tell us what you think in the comment section below.
"Independent analysis from the World Bank put paid to the idea that TPP states would experience any growth, but didn't address the question of jobs.
But a new working paper from Jerome Capaldo and Alex Izurieta, economists from Tufts University's Global Development and Environment Institute and Jomo Kwame Sundaram -- formerly the United Nations Assistant Secretary-General for Economic Development takes a critical, independent look at the economic modeling performed by the TPP's proponents and finds it based on a set of nonsensical, nonstandard assumptions about how economies perform...
The researchers revisited the pro-TPP research using a "realistic" set of modeling assumptions, based on the widely accepted United Nations Global Policy Model (GPM). When they re-run the numbers on the TPP's impact on jobs, they come back with a stark finding: developed nations that sign TPP can expect to hemorrhage jobs by the tens of thousands -- and poor countries will gain few, if any jobs from those losses.”*
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