Paul Krugman on the TPP: Why, exactly, should the Obama administration spend any political capital – alienating labor, disillusioning progressive activists – over a deal whose overall contribution to economic growth is sure to be tiny at best given that trade is already mostly open and which deal primarily benefits US-flagged intellectual property claimers like Pharma and Hollywood by extending their monopolies, which added profit incentive they surely do not need to produce new drugs and new movies?
http://krugman.blogs.nytimes.com/2015/03/11/tpp-at-the-nabe/ === Robert Naiman Policy Director Just Foreign Policy www.justforeignpolicy.org [email protected] (202) 448-2898 x1
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