Public Citizen blog: TPP, Dodd-Frank, FDA, more..

[Panich52]

Here’s the latest from Public Citizen’s blogs. Read, comment and share!

Deregulating Big Business in the Name of Small Business, by Amit Narang, regulatory policy advocate for Public Citizen’s Congress Watch division

http://thehill.com/blogs/congress-blog/economy-budget/231806-deregulating-big-business-in-the-name-of-small-business

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If Pinocchio Were Trying to Sell a Controversial Trade Deal, by Ben Beachy, research director for Public Citizen’s Global Trade Watch division

http://citizen.typepad.com/eyesontrade/2015/02/if-pinocchio-were-trying-to-sell-a-controversial-trade-deal.html

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Obama Budget Falls Short, Includes Giveaway to Corporate Tax Evaders, Omits Wall Street Tax, by Susan Harley

http://www.citizenvox.org/2015/02/02/need-real-middle-class-economics-proposals-president/

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Harvard Law Professor Explains Dangers of Congress's Decision to Repeal a Dodd-Frank Protection, by Scott Michelman, attorney with the Public Citizen Litigation Group

http://pubcit.typepad.com/clpblog/2015/02/harvard-law-professor-explains-dangers-of-congresss-decision-to-repeal-a-dodd-frank-protection.html

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Under Hamburg, FDA Cozied Up to Industries It Regulates, Protected Corporations More Than Patients, by Michael Carome, M.D., director of Public Citizen’s Health Research Group

http://www.citizenvox.org/2015/02/05/hamburg-fda-cozied-industries-regulates-protected-corporations-patients/

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Congress Targets Asbestos Victims, by Susan Harley, deputy director of Public Citizen’s Congress Watch division

http://www.citizenvox.org/2015/02/04/congress-targets-asbestos-victims/



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[djean111]

1. Thanks! From the linked TPP article:

Four Pinocchios. That’s the rating, reserved only for the biggest whoppers, that The Washington Post has given to the Obama administration’s most recent assertion of truthiness about the controversial Trans-Pacific Partnership (TPP) - that the deal could boost income and “support 650,000 new jobs” in the U.S.

How far off was the administration’s claim that the deal could create 650,000 jobs? By about 650,000 jobs.

As Glenn Kessler, Washington Post fact-checker, explained, “the correct number is zero (in the long run), not 650,000, according to the very study used to calculate this number.”

That’s right – the study itself, from the Peterson Institute for International Economics, did not produce an estimate of job growth from the TPP. Indeed, the study used an assumption of full employment, under which projected job gains would be precisely zero.

Very good article, I hope people read it. The TPP is only good for corporations. Period.

[Populist_Prole]

2. Hearty rec and thanks for those links

Bookmarked for future reference.