Any doubt that the Democratic Party is completely beholden to organized labor is now over. Speaker Nancy Pelosi’s (D-Calif.) unprecedented step to strip the up-or-down vote requirement from the Colombia Free Trade Agreement undermines the spirit of fast-track trade law and deals a death blow to any administration’s ability to …
With rumors swirling that President Bush will submit the Colombia Free Trade deal to Congress Tuesday, Presdient Alvaro Uribe sat for interview with the Wall Street Journal. When told that Barack Obama opposed the deal citing violence against unions, Uribe replied: I deplore that Sen. Obama, apparently because he wants …
The Wall Street Journal editorial page looks at recent liberal efforts to attack conservative economic policy as a Herbert Hoover “Let the economy sink” approach and responds: To hear [Sen. Chuck] Schumer and his fellow-traveling columnists tell it, Hoover’s great policy blunder was to do nothing, all the while insisting …
Protectionism is not just on the rise among liberals in the United States. Leftist governments throughout the world are seeking to quash free trade in favor of redistributionist schemes. In Argentina President Christina Kirchner’s new export taxes have sparked violence throughout the country and the Wall Street Journal’s Mary Anastasia …
Today’s Free Trade Fact of the Day comes from former Delaware Governor Pete du Pont who writes in the Wall Street Journal: Trade creates jobs. America’s exports of goods sold abroad–electrical machinery, chemicals, plastics, agricultural products, medical and scientific instrumentation, for example–support six million American jobs. Exports of services account …
Today’s Free Trade Fact of the Day comes from University of Adelaide economics professor Kym Anderson and Copenhagen Consensus organizer Bjorn Lomborg who write in the Taipei Times: Free trade would lead to an overwhelming boost to welfare everywhere, but especially in the developing world. Grasping these benefits is potentially …
