Much like NAFTA, the TPP has more to do with big-business protectionism than with genuine free trade. Most of the chapters seek to limit the regulatory powers of governments. Most damaging of all, the TPP would create new incentives for corporations to ship jobs overseas and would forbid governments from using strategies like "Buy American" provisions.
Either Obama will be the president whose initiatives to address income inequality and wage stagnation helped rebuild America's middle class, or he will prioritize a trade agenda that will offshore more good-paying jobs, destroy what is left of the American manufacturing sector, increase income inequality and speed the demise of America's middle class.
It's official: Trade with poor countries has destroyed millions of American jobs and lives. A new study from the National Bureau of Economic Research confirms what working people have long known: Imports from China are responsible for the loss of over 2 million jobs between 1999 and 2011. That's about 1 percent of the entire work force.