President Barack Obama has been talking a lot about the problem of rising inequality – it was a major theme in his State of the Union speech. But in that very same speech, he signaled that he wanted to complete a Trans-Pacific Partnership (TPP) trade deal with 11 countries in Asia and Latin America that would only increase inequality. And, Obama wants Congress to grant him fast-track trade authority so he can sign the TPP before Congress even gets to vote, and then railroad the pact through with limited debate an no amendments. Data from 20 years of NAFTA and subsequent trade deals show us that these pacts offshore good-paying jobs and depress wages in the jobs that remain.
We can’t afford to let the American Dream slip away along with the jobs that would be lost through the TPP. Our representative should vote “no” on fast-tracking the TPP.