Is the Trans-Pacific Partnership Dead?

Congressional Democrats voted yesterday to deny the President fast-track trade authority and effectively ending hopes that the Trans-Pacific Partnership would be finalized. Democrats were upset that the President had failed to value relations with Congress and did not reach out to Congressional Democrats to bring them on board.

Congressional Democrats have long maintained that the free trade agreement would lead to American jobs being lost to overseas producers with lower wages and fewer protections for workers. Republicans failed to support the measure, leading to its defeat.

What do you think? Were Congressional Democrats right to oppose the Trans-Pacific Partnership? Are its critics correct in asserting that it would have led to a loss of American jobs? Or are its proponents correct to argue that free trade promotes prosperity? Do you support the TPP? Why?

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