Congratulations, China

[Grey Fox]

Good one. Like those cost savings are passed unto customers. It's all share holder values all the time.

[The Minsky Moment]

Xi already announced his competing proposal, I.e. Greater East Asia co-Prosperity Sphere , but this time in Mandarin!

Massive own goal.  Not even in the WH and he's already kneecapped Uncle Sam

[Admiral Yi]

So Brown Wolfe opposed TPP for the very principled reason that it might interfere with his video and music pirating.

[viper37]

Then congrats to you too, GF.

From what I saw it seemed to have a lot of crap baked in. Admittedly though, I never looked that closely at it.

http://www.nytimes.com/2016/11/12/business/economy/donald-trump-trade-tpp-trans-pacific-partnership.html


One example is a bilateral agreement between Australia and Japan, which gives Australian beef exporters a price advantage over American producers whose exports are subject to higher Japanese tariffs; those tariffs would ultimately have been removed under the Pacific agreement.
"We are experiencing lost sales without T.P.P." of about $400,000 a day as a result, said Kevin Kester, a California cattle rancher and vice president of the National Cattlemen's Beef Association.
"Multiply that over several hundred more products and several dozen more free-trade relationships," Mr. Froman said in an interview.

[viper37]

Good one. Like those cost savings are passed unto customers. It's all share holder values all the time.

Really?
How much was the cost of a decent computer in 1990?
How much is the cost of a decent computer now?  Even if you ignore inflation, it's relatively cheaper now to get many products that it used to be.

A little something I found, for the US, but the same happenned in Canada:

In 1990 the average income per year was $28,970.00 and by 1999 was $40,810.00.
In 1990 a gallon of gas was $1.34 and by 1999 was $1.22.
In 1990 the average cost of new car was $16,000.00 and by 1999 was $21,100.00.

And here for more:
http://www.economist.com/node/457272

How much did a long distance phone call costed in 1990 and how much today?  Plus, we have extended local zones...

[CountDeMoney]

So Brown Wolfe opposed TPP for the very principled reason that it might interfere with his video and music pirating.

At least he's honest about it.