Making It In America

What You Should Know About That Completed TPP “Trade” Deal

What You Should Know About That Completed TPP “Trade” Deal
Monday morning it was announced that a “Trans-Pacific Partnership Trade Deal Is Reached,” presented as much as a foreign policy success as a “trade” deal. The effect the deal will have on actual “trade” is unclear, since the U.S. already has trade agreements with many of the participating countries. Also much of the deal appears to be about things people would not usually consider “trade”, like investor rights and limits on the ability of countries to regulate. Though the deal remains secret, here is some of what is known about the agreement deal.
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How US Trade Policies Kill US Jobs - Analysis

How US Trade Policies Kill US Jobs - Analysis
Trade is great. We all trade. A lot of us trade labor for money that buys other things. A farmer trades corn for money that buys other things, and so on. No one is “against trade.” But is anything called “trade” always good for all involved?
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Deconstructing the Corporate Case for Fast Track Trade Authority

Deconstructing the Corporate Case for Fast Track Trade Authority
U.S. Trade Representative (USTR) Michael Froman appeared before Congress Tuesday to make the corporate argument for fast track trade promotion authority. The USTR and President Obama are pushing fast-track pre-approval for the Trans-Pacific Partnership (TPP) and other big trade agreements they are working on.
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What You Need To Know About Trans-Pacific Partnership (TPP) Trade Rhetoric

What You Need To Know About Trans-Pacific Partnership (TPP) Trade Rhetoric
President Obama is likely to use the State of the Union to push for passage of the Trans-Pacific Partnership (TPP) and the rigged fast track trade promotion authority. Here are some facts to counter the expected public relations campaign.
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Public (Employment) Enemy #1: The Trade Deficit

Public (Employment) Enemy #1: The Trade Deficit
There is a direct correlation between the lack of well-paying jobs, the budget deficit and the US' trade deficit. Simply put, if we were to stop sending as much money and many jobs overseas, we'd reap benefits in myriad ways.
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Trans-Pacific Partnership Kills Already Ailing US Manufacturing, Say Labor Leaders

Trans-Pacific Partnership Kills Already Ailing US Manufacturing, Say Labor Leaders
The Trans-Pacific Partnership, if ratified, would decimate the already struggling US manufacturing sector said labor leaders in a conference call Thursday. The track record of these trade agreements, from NAFTA to AUSFTA, have proven every time a new one happens, US manufacturing jobs pour out of the country.
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Wikileaks Releases First TPP Chapter; Its Contents Show Why Trade Agreement Is So Secret

Wikileaks Releases First TPP Chapter; Its Contents Show Why Trade Agreement Is So Secret
We the People finally get to read one chapter of the 29-chapter Trans-Pacific Partnership “trade” agreement. If this agreement becomes law it will fundamentally alter the relationship between our government, other governments and giant multinational corporations, so you’d think America’s citizens would want to have a say in the negotiations. But the only reason We the People get to even read it at all is because it was leaked to Wikileaks.
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Corporate Welfare State: Big Business Taxed at 12.6 Percent, Half of What Teachers Pay

Corporate Welfare State: Big Business Taxed at 12.6 Percent, Half of What Teachers Pay
A new study shows that the big U.S. companies paid only 12.6 percent in taxes on their reported worldwide profits in 2010. Corporate taxes have gone from 5-6 percent of GDP down to only a third of that. The corporate share of all taxes paid has gone from 28 percent to a third of that, too. And these lower taxes have hurt — not helped — our economy and country.
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Deficit Fixed: Now Fix the Job, Wage, and Trade Gaps

Deficit Fixed: Now Fix the Job, Wage, and Trade Gaps
The deficit is now down 60 percent as a percent of gross domestic product. It is down more than deficit hawks Alan Simpson and Erskine Bowles asked for. This rapid reduction is seriously hurting the economy and jobs, but demands for cuts continue. It is time for Congress and the President to “pivot” to focusing on our real problems: the jobs gap, the wage gap and the trade gap.
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Undertaxed Apple Looks for More Tax Savings

Undertaxed Apple Looks for More Tax Savings
Apple has avoided billions and billions of dollars in taxes they owe to the country by setting up foreign subsidiaries in tax-haven countries, all while moving jobs and profit centers out of the country. Now they want a special tax break to reward them for doing that.
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