First there was a World Bank report that predicted that TPP would produce negligible boosts to the economies of the U.S., Australia, and Canada. TechDirt writes:
"So according to the World Bank's figures, the U.S. will gain an extra 0.04% GDP per year on average, as a result of TPP; Australia an extra 0.07% annually, and Canada a boost of 0.12% per year."
This study was followed up by a review from Jerome Capaldo and Alex Izurieta at Tufts University. In a study titled "Trading Down: Unemployment, Inequality and Other Risks of the Trans-Pacific Partnership Agreement," Capaldo and Izurieta claim their study uses a more realistic model than past analyses. Specifically, the researchers state that their model incorporates effects on employment that were previously excluded from TPP calculations.
Their study found that economic growth is likely to be limited — and negative— for some countries, including the United States. The researchers also found the TPP would probably lead to increased unemployment and inequality. Capaldo and Izurieta explained:
"The standard model assumes full employment and invariant income distribution, ruling out the main risks of trade and financial liberalization. Subject to these assumptions, it finds positive effects on growth. An important question, therefore, is how this conclusion changes if those assumptions are dropped."
Comment: The Trans-Pacific partnership is an attempt to set the rules of the global economy to favor multinational corporations over everything else, trampling on democracy, national sovereignty and the public good. In short, a perfect way for pathological elites to cement their power and control over the masses.