Progressive Breakfast: Will TPP Kill The Post Office?

MORNING MESSAGE

Does the TPP contain provisions that corporations can use to force us to privatize “public” things ... so they can replace them with profit-making enterprises that provide a return only to the wealthy few? We need to see the provisions of TPP that are designed to regulate “state-owned enterprises” (SOEs) and see them now ... The U.S. Trade Representative website says TPP will have “groundbreaking new rules designed to ensure fair competition between state-owned enterprises (SOEs) and private companies.” ... Will TPP enable the privatizers to declare things like our beloved U.S. Postal Service, schools and roads to be “commercial activity” that competes with private companies? How about our parks, libraries, public pensions, and other public services?

Fast Track Whip Counts Tight

Fast track supporters “bullish” on House vote, says The Hill: “Republicans familiar with the vote-counting operation say they’ve steadily been picking up new ‘yes’ votes on trade and that the numbers are moving in the right direction … a member of the pro-TPA Democratic whip team told lawmakers that [the] number [of Democratic supporters] might now be as high as 25 or 26…”
But fast track majority is not secure. Politico: “…House Majority Leader Kevin McCarthy of California and other GOP leaders have not yet committed to bringing up Trade Promotion Authority by week’s end, a sign that while pro-trade leaders in the House are closing in on the 217 ayes they need to pass the bill, the contentious vote remains very close.”
“Trade Pacts Face Growing Pushback” says WSJ: “In the 10 districts with the biggest export growth since 2006, only three of the representatives say they back [fast track.] … The exports-create-jobs argument has long been oversold, say trade experts, diminishing its power
Secretaries of State and Defense defend TPP in USA Today oped: “TPP would help us promote a global order that reflects our interests and our values. The success of our efforts cannot be captured in economic terms alone.”
Simon Johnson rebuts pro-TPP tariff argument in Politico oped: “…Ambassador Michael Froman [implied] TPP will dramatically lower such tariffs, boosting US exports, significantly increasing the size of our economy, and helping most Americans. That is not, however, what the best available projections about the deal suggest it would do, and Froman’s emphasis on tariffs – though it sounds like the heart of the issue – is a distraction from the bigger question we need to ask about the TPP.”

Boost For Bernie

Bernie Sanders scores a close second in Wisconsin straw poll. Politico: “Bernie Sanders scored 41 percent in a straw poll vote at the Wisconsin Democratic Party convention this weekend — finishing a close second to Hillary Clinton, who won 49 percent …”
Hillary Clinton rallies “Fight for $15″ activists. W. Post: “‘All of you should not have to march in the streets to get a living wage, but thank you for marching in the streets to get that living wage,’ she said … [She] virtually echoed the language that the Service Employees International Union has used in its campaign for a $15 minimum wage …”
Anti-union network behind Scott Walker. NYT: “More than any of his potential rivals for the White House, Mr. Walker, 47, is a product of a loose network of conservative donors, think tanks and talk radio hosts who have spent years preparing the road for a politician who could successfully present their arguments for small government to a broader constituency.”

Breakfast Sides

WH close to announce overtime rule, boosting pay. Politico: “As early as this week, the Labor Department could propose a rule that would raise the current overtime threshold — $23,660 – to as much as $52,000 … Boosting the threshold to $50,440 would bring it back in line with the 1975 threshold, after inflation. By one estimate that would give somewhere between five to ten million workers a raise … One key concern about expanding overtime is that it could prompt employers to reduce the number of hours that individual employees work … [But that could mean] more job creation, not less.”
Many states still suffering budget shortfalls. NYT: “Though the national economy is in its sixth year of recovery from the recession, many states are still facing major funding gaps that have locked legislatures in protracted battles with governors. In some states, lawmakers have gone into overtime with unresolved budgets, special sessions and threats of widespread government layoffs.”
Greece saga will probably drag on. Bloomberg: “Even if Prime Minister Alexis Tsipras clinches as much as 7.2 billion euros ($8 billion) from a bailout tranche creditors are withholding, he’s going to need another cash infusion shortly thereafter. What will ensue is a renewed battle after almost five months of trench warfare.”

Progressive Breakfast is a daily morning email highlighting news stories of interest to activists. Progressive Breakfast is a project of the Campaign for America's Future. more »