In the week Labour and NZ First sign the TPPA, let’s ask agin who is the TPPA for?
Is it for NZ or for corporate power trumping domestic political sovereignty?
It is without a doubt the latter and not the former.
The reason this is still being rammed through is testament to the truth that the Ministries run this Government and it is not the Government in charge of the Ministries.
Let’s be crystal clear. This is NOT a trade deal, it could have been, there’s a chance to fight it tooth and nail through the parliamentary process until it is, but right now it is not a trade deal.
This is about corporate power over domestic political sovereignty.
This is about ensuring water can be taken out of our country.
This is about making sure foreign interests can trump domestic ones.
This is about making sure environmental safe guards can’t stop international interests.
This is about Pharmaceutical Trans National interests.
This is about copyright powers.
This is about the ability of our Government to pass legislation with the constant threat of being sued.
And how much are we getting to sell our souls to our Corporate Overlords?
What is the price of the 30 pieces of silver we are gaining for this capitulation to our own political Tino rangatiratanga?
In 20 years the TPPA will have given us .3%-1% growth in GDP, that is the fucking pathetic price we are prepared to sell ourselves out for…
Little economic benefit
The National Interest Analysis (NIA) reveals that the economic benefits of TPP-11 will be small, even if some of the exaggerated assumptions are included. The NIA estimates overall benefits will be only 0.3 – 1.0% growth in GDP by the time the TPP is fully implemented, in 20 years’ time.
This compares with a GDP growth of 61% in 20 years’ time without TPP-11 (using Treasury long term forecasts).
The headline from the media that there would be up to $4bn benefit from the TPP-11 uses exaggerated assumptions and ignores the timeframe. In reality, an additional 0.3 – 1.0% by 2038 from TPP-11 is a very small benefit.
This is shown in the data:
- Tariff reductions of $222m per year are 0.4% of overall exports and 1.1% agricultural exports
- They are mainly concentrated in commodities, rather than in value-added processed goods or complex manufacturers that are important to our economic future
- Tariff reductions for dairy and beef fall short of the ‘gold standard’ treaty originally promised
- Tariff reductions for dairy are 0.7% of overall dairy exports
The argument in the NIA that exports to China grew after we signed an FTA ignores the context. There was huge growth in commodity exports from Australia, Brazil and other exporters to China, whether or not they had signed an FTA. It is disingenuous to claim this as a likely scenario for exports under TPP-11.
…how spineless is that?
We are selling out for commodity exports with no added value and no future agency.
This deal is for those corporate interests who wish to exploit the pristine base products we produce, it is not about us protecting our future.
On a planet with trade wars, economic crashes and environmental apocalypses looming we need to have our hand firmly on the tiller of the nation, this deal allows over seas interests to direct our hand.
It is not acceptable.
It must be fought.
Labour and NZ First have had enough time, they can’t be excused any longer.