Reprinted from Facebook
TPP is cronyism masquerading as free trade. Pulling out of it is the right thing to do.
Take a look at the “concessions” that the U.S. government pushed for. Did they push for more freedom of the press? Minority rights? Other freedoms?
No. They pushed to have member nations use very limited legal resources to fight music piracy and protect drug company patents. In other words, those countries were expected to pull police away from rape, theft, and murder, to protect big pharma and corporate music. That way, when companies like epipen raise prices, they won’t have to worry about competition.
Real free trade is a lot simpler than TPP. It starts by eliminating all tariffs and restrictions on incoming goods, along with cronyist border protections. For example, part of free trade is allowing Americans to buy medicine from any country they want.
Even if other countries keep tariffs high, free trade still helps us. For example, right now Brazil and Argentina, two notoriously incompetent economies, put heavy taxes on computers. Not surprisingly, their businesses can’t compete. They use outdated technology, which puts their architects, designers, engineers, filmmakers, programmers, banks, data managers, doctors, lawyers, teachers and law enforcement at a huge disadvantage. All they would need to do is eliminate tariffs to become more competitive.
The same is true here. The cheaper tools of production are, the more effective we can be. Eliminating tariffs on all tools of production makes it cheaper for Americans to be more productive, and thus makes us more competitive.
Eliminating tariffs lowers the cost of starting a business. It also increases potential wages. If your boss needs to spend a thousand extra dollars to pay for light bulbs, that’s a thousand extra dollars you can never get as wages.
To create more opportunity, we don’t need to use TPP to bully countries into misdirecting their law enforcement. We just need to eliminate all import tariffs.
Vice Chair, Libertarian Party
Author, Why Hillary Lost