The Election Choice: Trade

Obama has distanced himself from the post-Hoover consensus.

The U.S. hasn't elected a genuinely protectionist president since Herbert Hoover, and for most of the last 80 years a rough bipartisan consensus has held that free trade is in the American national interest. The erosion of that consensus is reflected in the gulf between John McCain and Barack Obama on trade, which is probably the widest division at the presidential level since the 1920s. Full Story »

Posted by Kaizar Campwala
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Subjects: U.S., Politics, Business
Topics: Presidential Election 2008, John McCain, Obama Administration, Trade
Editorial Help
Posted by: Posted by Kaizar Campwala - Oct 29, 2008 - 12:37 PM PDT
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Edited by: Kaizar Campwala - Oct 29, 2008 - 12:37 PM PDT

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Dwight Rousu
2.0
by Dwight Rousu - Oct. 29, 2008

The newspaper of the rich right white corporatists puts that bias clearly on display in this partisan evaluation. The distinction between free trade and fair trade is never made. The "Free" trade agreements of Clinton and Bush abdicate the regulatory oversight power of our democracy and cede a free hand to unelected corporate thieves to drive down labor costs and maximize corporate profit. More education for displaced workers is worthless if all the skilled and well-paid jobs have been outsourced and given to immigrant workers with H-1B visas. How much education do you need to flip burgers or drive a taxi? The article give no weight to loss of middle class jobs, nor to the exporting of environmental contamination problems ... More »

Workers and farmers in other countries strongly oppose some of the trade agreement terms also, and for good reason. US subsidized foods drive Mexican farmers bankrupt so they cross the border to try to survive. Columbian workers have trouble protesting the agreements that aid the wealthy capitalists there, because the union organizers get shot if they even try to organize.

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Roland F. Hirsch
4.1
by Roland F. Hirsch - Oct. 31, 2008

This opinion piece has considerable journalistic merit. It points out the dangers that the protectionist positions of Obama will have for the U.S. and world economies. The authors could have added that the Democratic Mayor of New Orleans pleaded with Congress to pass the Free Trade Agreement with Columbia as it would increase the flow of goods through his port to that country by $800 million. The authors accurately point out the fallacies in Obama's arguments about NAFTA.

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