Robert Reich: The Largest, Most Disastrous Trade Deal You’ve Never Heard Of

By Robert Reich / AlterNet, January 6, 2015

Lobbyists from America’s biggest corporations and Wall Street’s biggest banks have been involved in pushing the Trans-Pacific Partnership but not the American public.

Republicans who now run Congress say they want to cooperate with President Obama, and point to the administration’s Trans-Pacific Partnership, or TPP, as the model. The only problem is the TPP would be a disaster.

If you haven’t heard much about the TPP, that’s part of the problem right there. It would be the largest trade deal in history — involving countries stretching from Chile to Japan, representing 792 million people and accounting for 40 percent of the world economy — yet it’s been devised in secret.

Lobbyists from America’s biggest corporations and Wall Street’s biggest banks have been involved but not the American public. That’s a recipe for fatter profits and bigger paychecks at the top, but not a good deal for most of us, or even for most of the rest of the world….

continue reading at AlterNet.

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