A New York Times article about Barack Obama’s Trans-Pacific Partnership opened with this sunny headline: “Trade Pact Would Lift U.S. Incomes, Study Says.”
But wait, a study by whom? It comes from the Washington-based Peterson Institute for International Economics.
What’s that? We’re not told, even though that information is key to understanding this group’s upbeat take on the TPP trade scheme.
It turns out the institute is largely funded by major global corporations that would gain enormous new power over consumers, workers, and the very sovereignty of the United States if Congress rubber stamps this raw deal.