12.02.2015 - 10:34 [ Techdirt ]

Why We Should Rename TAFTA/TTIP As The ‚Atlantic Car Trade Agreement‘

When TAFTA/TTIP was first announced, David Cameron said it would „have a greater impact than all the other trade deals on the table put together.“ We were repeatedly assured that it would boost both the US and EU economies significantly. But when people started looking at the European Commission‘s own projections for TTIP (pdf), they found that the reality wasn‘t so impressive. Here‘s the economist Dean Baker, in a post entitled „Why Is It So Acceptable to Lie to Promote Trade Deals?“: