May 19, 2015

Krugman doesn’t quite hate the TPP, yet

Seems Krugman would really like to give a wholeheartedly thumbs down to the TPP (this is basically the free trade deal for the Pacific rim countries). This would fit into his pundit liberal leanings – but the economist in him really can’t get past the fact that free trade deals are generally seen as good for the economy.

He has said he is a lukewarm opponent and but doesn't think it is that big of a deal. In his last post on the subject he is starting to get more vocal as he rips into a pro-TPP editorial and says that if that is best the supporters can come up with “this is not looking like a good idea”.