politics

Japan, U.S. can reach TPP agreement at July meeting: official

17 Comments
By Linda Sieg

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On a positive note, this agreement, which furthers the spiral down processes of globalization, helps create the conditions for world-wide anti-capitalist movements. As long as poverty could be exported, it was always another people's problem. Now that the first world increasingly looks like the third world, we can find common ground.

4 ( +4 / -0 )

If the TPP is suppose to reduce prices and increase availability of imports, how is this a win for the Abenomic battle against deflation and weak domestic demand?

2 ( +2 / -0 )

There is an unspoken rule from US politicians - advocate for the common; work for the rich. TPP is NOT a free trade but a corporate control deal.

9 ( +9 / -0 )

Sure wish they would let those most affected by this what the deal encounters. That is us!

-1 ( +1 / -2 )

If the TPP is agreed in late July or early August, the deal could be up for a final vote in U.S. Congress in the first half of December. Other countries also have to seek lawmakers’ approval.

"the deal"-That sounds like a pretty good deal. But how about if I give you the finger, and you give me my phone call. You can't scare me with this Gestapo crap.

have to seek lawmakers’ approval-Gordon Gekko: The richest one percent of this country owns half our country's wealth, five trillion dollars. One third of that comes from hard work, two thirds comes from inheritance, interest on interest accumulating to widows and idiot sons and what I do, stock and real estate speculation. It's bullshit. You got ninety percent of the American public out there with little or no net worth. I create nothing. I own. We make the rules, pal. The news, war, peace, famine, upheaval, the price per paper clip. We pick that rabbit out of the hat while everybody sits out there wondering how the hell we did it. Now you're not naive enough to think we're living in a democracy, are you buddy? It's the free market. And you're a part of it. You've got that killer instinct. Stick around pal, I've still got a lot to teach you.

1 ( +5 / -4 )

TPP is all about avoiding imports from China. I work building large machines and China is starting to take everything.

-1 ( +3 / -4 )

this is really too bad. The subsidies for good or bad actually served a purpose, to prop up industries that keep people working across the country. It's sort of an understood result. High prices paid for a large part of propping up those industries as well.

But under TPP the plan is to cut subsidies, forcing subsidized industries to collapse, and without product that then repaid the costs a bit. Everyone will be on government assistance, forcing demand for lower prices, which further cripples industries. Recipients will be denied help as government won't have the money anymore. It's the biggest Lose Lose situation for Japan imaginable, it boggles the mind.

Without work in multiple areas of the country, towns will also be adversely affected.

What are people going to do?

2 ( +3 / -1 )

They were saying the same thing a year ago. Expect and hope they fail again.

4 ( +5 / -1 )

sf2k forcing subsidized industries to collapse well JA accounts for about 1% of the economy and 3% of the population, while they consume more than 6% of the annual Japanese budget. Also the higher food prices comes out of the majority of the J consumers pockets many of whom struggle to pay the bills each week. meanwhile an estimated 6 million + manufacturing jobs have been lost to China other asian countires in the last 10~15yrs while the J gov has done very little to stop this and very little subsidise to support them. so how fair is it that a small minority group has so much financial support and other much larger parts f the economy have to suffer. Its both pathetic and insulting. sorry JA get very little sympathy from me!

2 ( +2 / -0 )

I don't understand why the details of TPP are kept secret in so-called democratic societies.It makes me very uneasy.

2 ( +2 / -0 )

@wtfjapan

Japan colonized and went to war because it couldn't feed itself. It still can't and is dependent mostly on American grain supplies, which are under threat from man-made climate change. I wouldn't argue that the present agricultural policy is best suited to the present and future needs of the nation, yet increasing dependence on foreign supplies for this most basic of necessities in an unstable world wouldn't be in the minds of insightful policymakers who cared about the nation and not just the elite.

2 ( +3 / -1 )

We will never know the details until it is signed into law. Stupid

1 ( +2 / -1 )

this is just to try to counter china from being the world's richest country. less import from china from the two(usjapan) and there will be a cold war on economics as well then

2 ( +2 / -0 )

@Warispeace, you hit the nail on the head.

-1 ( +1 / -2 )

@warispeace japan has never been in the last 100yrs food self efficient and never will be, itll even find it diffiuclt to be 50%. what japan needs is good strong relations with its allies, eg US Australia NZ EU etc these countries do and can supply enough food to feed japan. Japan is reliant on many things it doesnt have , eg gas oil food medicines etc, without any of these the economy and people will not operate. Japan can produce as much food as it likes it just needs to do it on a larger much more efficient scale and not expect to be treated like a welfare industry. All the TPP is going to do is actually force JA to change its ways and stop leeching off the J taxpayer.

0 ( +1 / -1 )

Sorry to argue...the American people including powerful senators, are doing everything they can to stop this TPP. They are suspicious of every sneaky, secret word in the thing. "Growth" can be another word for more sweatshops, human rights abuses, safety violations and corporate greed. A lot less of that growth is what most people want...they want their country to have sovereign laws and identity and they want to stop feeling guilty for every pair of jeans or toy they need.

1 ( +1 / -0 )

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