Wednesday, December 31, 2014

Jared Bernstein on the TPP

I haven't really paid attended to the Trans-Pacific Partnership agreement but Jared Bernstein's piece on it makes sense, Without a currency chapter, the TPP should not be ratified

"Second, the lack of transparency is a big problem. There’s no way we the public should get behind something as encompassing as the TPP without scrutiny. I understand the motivation for the secrecy: it’s notoriously difficult to negotiate a unilateral trade deal; one with this many players is high-dimensional chess. So I can see where the trade reps want to avoid messy public input. But too bad. To do so is undemocratic."

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