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    Morning Bell: Does Not Compute

    According to the non-partisan Annenberg Political Fact Check, Sen. Barack Obama’s tax plan would increase gross tax receipts by $103.3 billion in 2011 alone. That number by itself would make it the largest single-year tax increase in American history since World War II, and measured as a percentage of gross … More

    Free Trade Fact of the Day

    When the Miami Herald‘s Andres Oppenheimer interviewed Mexican President Felipe Calderon last week, he was surprised to hear Calderon defend NAFTA by stressing how abandoning the treaty would hurt the U.S.: Contrary to Obama’s claim that NAFTA has hurt American workers by moving U.S. jobs to Mexico, Calderón said that … More

    Free Trade Fact of the Day

    Yesterday the Colombian military successfully freed 14 hostages (including three Americans) held by the terrorist organization FARC (Revolutionary Armed Forces of Colombia). As National Reviews frank Gaffney explains, Congress can easily return the favor by freeing its own hostage: In that connection, it is clearly time for the United States … More

    Free Trade Fact of the Day

    Writing in support of a speedy vote for the Colombia Free Trade Agreement, Competitive Enterprise Institute scholars Fran Smith and Ryan Young write: American businesses large and small conduct considerable trade with Colombia. The U.S. Commerce Department estimates that 9,000 companies trade with that country. Nearly 8,000 of those are … More

    Free Trade Fact of the Day

    Colombia Tariff Ticker Department of Commerce’s Under Secretary for International Trade Chris Padilla stopped by the Conservative Blogger’s Briefing today to promote TradeAgreements.gov and all the resources there including the Colombia tariff tracker posted above. Padilla also brought along a grocery bag full of products to illustrate how American workers … More

    Free Trade Fact of the Day

    The New York Times reports today that at least 29 governments, including China, Norway, and South Korea, have drastically limited the amount of food their people can export. These protectionist measures have only worsened the global hunger crisis by driving up the price of food for poor nations. Heritage scholars … More

    Free Trade Fact of the Day

    Worried about a “rising tide of protectionist sentiment” the Partnership for New York City released a report on the benefits of direct foreign investment in New York City: The report estimated that businesses in the city that were controlled from abroad accounted for about $58 billion of the city’s total … More

    Free Trade Fact of the Day

    Great new video from reason.tv out today defending NAFTA by making the argument that the threat to American jobs from trade is no different than the threat from better technology. Host Drew Carey quips:”How are we supposed to compete against something that doesn’t get paid, doesn’t get health insurance, and … More

    Free Trade Fact of the Day

    Among those least amused by Barack Obama’s threats to unilaterally pull out of NAFTA are the Canadians. And being our next-door neighbors, they know exactly where to hit us should the U.S. turn protectionist under a President Obama: If Mr. Obama wins in November and brings his issues — labour … More

    Free Trade Fact of the Day

    The protectionist drift of the Democratic Party has free-market proponents across the pond worried. The Times of London writes: Mr Obama claims, for instance, that “entire cities…have been devastated” by Nafta, the North American Free Trade Agreement signed in 1993, which he blames for destroying a million American jobs, when … More