4 ms·

That's a good analogy, because both the TPP and TTIP show extremely small gains to the GDP - and even those gains will only come after a decade or so: http://w

by mtgx 10y ago

That's a good analogy, because both the TPP and TTIP show extremely small gains to the GDP - and even those gains will only come after a decade or so: http://www.wsj.com/articles/study-projects-tpp-will-provide-modest-gains-for-u-s-economy-1463614427 http://www.wsj.com/articles/study-projects-tpp-will-provide-... https://www.techdirt.com/articles/20160127/08075533442/yet-more-tpp-studies-predict-slim-economic-gains-highlight-dubious-underlying-assumptions.shtml https://www.techdirt.com/articles/20160127/08075533442/yet-m... So even if it Google did manage to pass some small clause in there that's of great help to them, it doesn't mean that's a good trade deal overall. Big Pharma could make the same argument, that TPP will be great for them! But terrible for citizens if it bans generics, and so on. That's why overall you may get very little gains if at all with the TPP, but a few big corporations could see huge gains from this deal (to the expense of everyone else).

foota 10y ago
A benefit not reflected straight in the gdp are increases in welfare due to decreases in prices from competition. Also, it sounds like this will also help other countries, which is generally a good thing. That said, the IP provisions bug me.
- AnthonyMouse 10y ago
  > A benefit not reflected straight in the gdp are increases in welfare due to decreases in prices from competition. This is the same fallacy Google has. You like one thing in the treaty so you vote in favor of some omnibus heap of garbage. The fundamental problem with this treaty is that there are too many unrelated things in it. Even if the treaty was net positive (which it probably isn't), we should never accept something which is +1001 and -1000 when the -1000 parts are entirely unrelated and are only tacked on by lobbyists because they would never pass on their own merits. There is no reason we can't reject this treaty and then go back and sign one that has only the good parts in it -- we're the ones asking for the bad parts. We could have the version that only has the +1001. If we dumped the bad stuff then we could even use the negotiating leverage to get more good stuff.
  - foota 10y ago
    I agree, unfortunately it seems like the political atmosphere for free trade is trending in the imo wrong direction. So if we have to pass this in order to get that then I think I support it.
    - AnthonyMouse 10y ago
      The political atmosphere for free trade is trending in the wrong direction because of trade deals like this. Rejecting them is the only way to get back to any semblance of sanity.
      - foota 10y ago
        I disagree, I think most people don't like trade deals because of the trade part of them.

by mtgx 10y ago

foota 10y ago

A benefit not reflected straight in the gdp are increases in welfare due to decreases in prices from competition. Also, it sounds like this will also help other countries, which is generally a good thing. That said, the IP provisions bug me.

AnthonyMouse 10y ago
> A benefit not reflected straight in the gdp are increases in welfare due to decreases in prices from competition. This is the same fallacy Google has. You like one thing in the treaty so you vote in favor of some omnibus heap of garbage. The fundamental problem with this treaty is that there are too many unrelated things in it. Even if the treaty was net positive (which it probably isn't), we should never accept something which is +1001 and -1000 when the -1000 parts are entirely unrelated and are only tacked on by lobbyists because they would never pass on their own merits. There is no reason we can't reject this treaty and then go back and sign one that has only the good parts in it -- we're the ones asking for the bad parts. We could have the version that only has the +1001. If we dumped the bad stuff then we could even use the negotiating leverage to get more good stuff.
- foota 10y ago
  I agree, unfortunately it seems like the political atmosphere for free trade is trending in the imo wrong direction. So if we have to pass this in order to get that then I think I support it.
  - AnthonyMouse 10y ago
    The political atmosphere for free trade is trending in the wrong direction because of trade deals like this. Rejecting them is the only way to get back to any semblance of sanity.
    - foota 10y ago
      I disagree, I think most people don't like trade deals because of the trade part of them.