Must-Read: : Adjustment and Income Distribution Impacts of the Trans-Pacific Partnership: “Between 2017 and 2026, when most of the adjustment to the TPP occurs, the costs to workers who will be displaced…
…both from unemployment and lower future wages, will amount to about 6 percent of the agreement’s benefits…. The percentage gains for labor income from the TPP will be slightly greater than the gains to capital income. Households in all quintiles will benefit by similar percentages…. The agreement will confer net benefits to households at all levels of income and will certainly not worsen income inequality…