Dueling Trade Models and the Great Recession

The NYT had an article on different trade models that are being used to predict the impact of the Trans-Pacific Partnership (TPP). It reported on the projections from a model from the Peterson Institute which shows that the TPP would add 0.036 percentage points to the annual growth for the United States rate over the next 14 years. On the other hand, it reported the projections of a model from Tufts University which showed that the deal would lose economy 450,000 jobs (@0.3 percent of total e...