Independent economists: TPP will kill 450,000 US jobs; 75,000 Japanese jobs, 58,000 Canadian jobs

Friday, January 22, 2016
By Paul Martin

NewsForage.com
Jan. 22, 2016

Proponents of the secretly negotiated Trans Pacific Partnership — which lets companies force governments to get rid of their labor, environmental and safety rules in confidential tribunals — say it’s all worth it because it will deliver growth and jobs to the stagnant economies of the rich world.
Independent analysis from the World Bank put paid to the idea that TPP states would experience any growth, but didn’t address the question of jobs.
But a new working paper from Jerome Capaldo and Alex Izurieta, economists from Tufts University’s Global Development and Environment Institute and Jomo Kwame Sundaram — formerly the United Nations Assistant Secretary-General for Economic Development takes a critical, independent look at the economic modeling performed by the TPP’s proponents and finds it based on a set of nonsensical, nonstandard assumptions about how economies perform.

The Rest…HERE

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