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Monday, November 05, 2007
Donald Lambro :: Townhall.com Columnist
Free Trade at a Crossroads
by Donald Lambro
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WASHINGTON -- Another Latin American trade-promotion agreement passed the House Ways and Means Committee last week, proving that free trade is alive and kicking on Capitol Hill.

The bilateral pact between the United States and Peru won unanimous support from the panel, clearing the way for its passage by the House and signaling that future free-trade agreements will have bipartisan backing in this Democratic-run Congress.

The United States has free-trade agreements with 14 countries, and four more FTAs -- with Peru, Colombia, Panama and South Korea -- are waiting in the wings. These four new agreements alone "would expand market opportunities between the United States and countries having nearly 126 million consumers and a combined GDP of $1.1 trillion," according to the U.S. Department of Commerce.

The Ways and Means vote has suddenly breathed new life into the free-trade issue that has become a battleground in Democratic ranks and most likely in next year's presidential elections.

President Bill Clinton, who broke with his party's union-pandering trade posture, championed free trade and won approval of the North American Free Trade Agreement over bitter opposition from Democratic leaders in Congress.

But Hillary Clinton has made it clear that she is not gung-ho about the NAFTA deal her husband implemented and isn't crazy about negotiating future trade agreements that would anger union bosses who play an influential role in her campaign and her policies.

"I said for many years that NAFTA and the way it's been implemented has hurt a lot of American workers," she said at an AFL-CIO presidential candidates forum in Chicago, Ill., on Aug. 7.

"We just can't keep doing what we did (on trade) in the 20th century," she said in a March interview.

It was a clear flip-flop by the New York senator who had promoted her husband's trade agenda for years. But now she "is moving away from her husband's policies by opposing a trade deal with South Korea and raising questions about NAFTA," said Bloomberg financial news service.

Her change of heart on the pivotal trade issue raised suspicions that support from organized labor came at a price of switching positions, one that she is willing to pay to nail down the Democratic nomination with Big Labor's political clout and money.

But the fear-mongering demagoguery of the left's anti-trade forces has been steadily losing ground as evidence mounts that trade expansion has strengthened the U.S. economy by expanding U.S. markets abroad.

"U.S. exports are now at a historically high level and contribute strongly to the growth of America's gross domestic product," Commerce Secretary Carlos Gutierrez said last week after the Peru FTA legislation cleared Ways and Means.

The U.S. economy, as measured by its GDP, grew at a phenomenal 3.9 percent in the summer's third quarter, and one-fourth of that growth came from trade, Gutierrez said. Continued...

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About The Author

Donald Lambro is chief political correspondent for The Washington Times.

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Subject: talent scout writes: 11, 2007 2:03 PM


Corporations-Marxism
They are one and the same thing in both policy and politics.

DESKJOCKEY WRITES

Why do we still have the NYSE?

talent scout writes

They have assaulted every single truth of the US Constitution and now own America. The monopoly of Government and Business is complete, and the politics of Marx is behind it all.

DESKJOCKEY WRITES

Has does a corporation assault the truth of the US Constitution? What I see them doing is what AARP, NEA, and every other lobby does, ask for their fair share of entitlements for the mom and pops that own the company stock.

If the congress critter gives it to them, more power to them. If the voters are happy with the shareholders getting federal entitlements I’m sure they will vote the critter in again.

talent scout writes

And we have people today too blind to see it cause they profit off the Marxism themselves and that si all they care about.

DESKJOCKEY WRITES

The point of our type of giver-ment is that each politician agree to have the others steal taxpayer money so that he can also. That is the structure of our democracy. It can work no other way. Each critter has the greatest incentive to make sure all the others raise spending as high as possible so that he can also, thereby assuring all a lifetime in DC and everybody getting their entitlement.

Giver-ment has no other function in the long run. Think Jefferson said the Second Amendment would need to be exercised about every 25 years. Heck we haven't done that in over 100 years, about time I'd say.

talent scout writes: 11, 2007 1:55 PM

No wonder Unions formed
People like Deskjockey exist.
Problem with Unions is the same as with corporations.
Managment and lawyers high unearned income

DESKJOCKEY WRITES

Duh, I have never been known to support any activity that interferes with the free trade of labor. Why do you make up ad hominem attacks? What is wrong with management and lawyers they are both hired labor. You against people getting whatever the market place values their labor?

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talent scout writes:

I am as committed to fight the republican party as I have the democrats.

DESKJOCKEY WRITES

Same party.
-------------

talent scout writes:

deskjockey, “AmeriKans own those corporations. The reality is the recent numbers a week ago say, they get jobs at higher pay. Win, win for everybody as the articles show in the statistics.”
-------
TS
bs


Deskjockey writes:

http://www.ssa.gov/OACT/COLA/AWI.html

Chart at bottom of page.
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