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    Free Trade Fact of the Day

    The one bright spot in the American economy continues to be the growth in U.S. exports. The Chicago Tribune reports today: The economy is chugging along on the strength of foreign demand, even as many Americans cut back on basic purchases outside of food and fuel. That was the message … More

    Free Trade Fact of the Day

    Liberals in Congress no longer believe in the benefits of free trade, but Africa still does. Bloomberg reports: Southern African countries will launch a free trade area on Aug. 17, when their leaders meet in Johannesburg, to boost trade and economic growth in the region. The 14-member Southern African Development … More

    EU Employs More People Than British Army

    In a shocking report by the brilliant British think tank Open Europe, it’s revealed that the European Union employs vastly more people than the British army. More than 170,000 people now work for the EU institutions, both directly and indirectly, with just 107,000 in the UK army. With masterful deception, … More

    Free Trade Fact of the Day

    Liberals usually like to condemn corporate welfare … unless that welfare comes in the form of protectionism. Today, the Wall Street Journal reports that a 2000 law, declared illegal by the WTO and repealed by Congress in 2005, is making a comeback thanks to the efforts of Sen. Robert Byrd … More

    Free Trade Fact of the Day

    Writing at The ChamberPost, John Murphy notes: Exports generated an impressive two-thirds of U.S. economic growth over the past year (67% in Q3 2007 – Q2 2008), according to data released by the U.S. Department of Commerce on July 31. … If it weren’t for the fact that the United … More

    Free Trade Fact of the Day

    Debunking myths about the supposed harm free trade inflicts on U.S. manufacturing, Cato Institute’s Daniel Ikenson notes: While the rest of U.S. manufacturing has recovered, Michigan’s manufacturing economy remains stagnant. Real GDP growth between 2005 and 2006 in Michigan ranked dead last among the 50 states. Meager manufacturing value-added growth … More

    Free Trade Fact of the Day

    This week The Heritage Foundation’s ‘What Would Reagan Do” campaign asks, “Why did Reagan value economic freedom?” You can check out the WWRD page for the answer, but in the meantime here is what President Reagan said when signing “America’s Economic Bill of Rights” on July 3, 1987: Inextricably linked … More

    Free Trade Fact of the Day

    With the Doha Round of WTO trade talks grounded, any growth in U.S. trade opportunities will have to come from Free trade agreements. As the International Trade Administration documents, trade with countries that the United States has FTAs was significantly greater than their relative share of the global economy. Although … More

    Passing of a Titan

    Alexander Solzhenitsyn was a titan in Russian literature and politics of the 20th century. As a child, I read his “One Day in the Life of Ivan Denisovich” and later smuggled “The Gulag Archipelago” and “The Cancer Ward”, which were illegal in the USSR and available as the underground Samizdat … More

    Free Trade Fact of the Day

    U.S. agriculture subsidies are again threatening American leadership on free trade. The Financial Times reports: Brazil is preparing to take action against the US over what it says are illegal subsidies and other trade barriers following the collapse of the Doha round of talks at the World Trade Organisation in … More