Home > Economy > Calling Corporate-Backed Deals an ‘Indisputable’ Good, Obama Makes Pitch for TTIP | Common Dreams

Calling Corporate-Backed Deals an ‘Indisputable’ Good, Obama Makes Pitch for TTIP | Common Dreams

Despite the tens of thousands of people who marched against the deal in Germany ahead of his arrival and the steady drop in support for such neoliberal trade deals overall, President Barack Obama stood next to Chancellor Angela Merkel on Sunday and defended the Transatlantic Trade and Investment Partnership (TTIP) and said similar past deals have been an “indisputable” benefit to the U.S. economy.

US president Barack Obama delivered a strong defense of corporate-backed trade deals like TTIP on Sunday saying their benefits are “undispustable.” (Photo: Pool/Getty Images)

“It is indisputable that [“free trade”] has made our economy stronger,” Obama said during a joint news conference. “It has made sure that our businesses are the most competitive in the world.”

Though the failure of past deals like NAFTA have become rallying cries on both sides of the partisan aisle in this year’s U.S. presidential campaign—with middle- and working-class Americans speaking out against them like never before—Obama said Sunday that “the majority of people still favor trade” and “still recognize, on balance, that it’s a good idea.”

Source: Calling Corporate-Backed Deals an “Indisputable” Good, Obama Makes Pitch for TTIP | Common Dreams | Breaking News & Views for the Progressive Community

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