Trade deals cost money. The TPP that is barreling its way through the corridors of Washington is going to be expensive to implement, and even more expensive once it starts taking its toll on the US economy.
That’s why politicians many years ago created the Trade Adjustment Assistance Program. It is a fund that is designed to help provide short term benefits for workers who lose their jobs because of free trade agreements.
The very fact that Congress had to create a program to help workers that lose their jobs from trade deals proves that they understand how disastrous deals like NAFTA and CAFTA and the TPP are for American workers.
Ring of Fire’s Farron Cousins discusses this.
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