Trans-Pacific Partnership = NAFTA On Steroids

By Jo Comerford/MoveOn.org


Republicans in Congress want to work with the Obama administration to fast-track the passage of the Trans-Pacific Partnership (TPP).

The TPP is the largest—and worst—trade deal you’ve never heard of, having been devised in secret by representatives of some of the world’s largest corporations.

It’s so big and has the potential to do so much damage, it’s been likened to “NAFTA on steroids.”

President Obama's Weekly Address 11/19/11: Creating an Economy Built to Last

WASHINGTON—In this week’s address, President Obama spoke from Indonesia and told the American people that during his trip to the Asia Pacific, he has made progress opening up markets to support thousands of American jobs and keep us on track to double American exports by 2014. The President’s trip underscores his belief that our businesses will always be successful competing around the world and that he will continue to do everything possible to create jobs for the American people.

President Obama's Weekly Address 1/22/11: "We Can Out-Compete Any Other Nation"

WASHINGTON – President Obama used his weekly address to highlight the steps his administration is taking to make America more competitive. As a result of the deals made with China this week, U.S. exports to China will increase by more than $45 billion and China will increase its investments in America by several billion dollars. These deals will support some 235,000 American jobs. Also, the President named GE CEO Jeff Immelt to head up the new Council on Jobs and Competitiveness, which will help find ways to grow the economy by investing in American businesses.