TPP Trade Agreement More Harm than Good
by CEPR on Sep 19, 2013 | Views: 87 | Score: 0
|% growth of US economy|
|Estimated annual growth from 2015-2025||2.4|
|Estimated additional annual growth if Trans-Pacific Partnership (TPP) is implemented||0.01|
Economic growth from TPP is so small you can't even see it on this graph. At the same time this agreement would push income inequality even further. At a time where unemployment is still a major economic driver, TPP pushes more jobs away from the US. GDP growth isn't helpful if all the gains go to very few people.