With politicians invoking the Great Depression to justify more government intervention in the market place, it is important to look back and remember what policies helped really helped usher in the worst decade for the US economy ever. Amity Shlaes writes at Bloomberg: Hoover knew free trade was beneficial. But …
So far our Free Trade Fact of the Days have been limited to discussion’s of Ohio in particular, our nation as a whole, Colombia, and Canada. But other states would also face economic ruin if liberal presidential candidates are allowed to follow through on their protectionist promises. D. Dowd Muska …
The protectionist promises of the two remaining liberal presidential candidates continue to upset our ally to the north. The Toronto Star‘s David Olive reports that Jim Flaherty, the Canadian finance minister, has come close to “recommending a tutorial for the Democratic presidential aspirants.” Olive continues: By Ottawa’s reckoning, NAFTA accounts …
The Economist is just the latest entity to cry foul on the protectionist rhetoric coming out of the most liberal presidential candidates this year. The magazine editorializes: Since it came into force in 1994, NAFTA has benefited all three economies, raising cross-border trade and investment. That applies especially to Mexico. …
Since the President’s window for submitting the Colombia Free Trade Agreement to Congress in time to trigger a vote is rapidly shrinking, today’s Free Trade Fact of the Day will focus on the consequences of what will happen if protectionist forces win in Congress. From CATO’s Center for Trade Policy …
The New York Times editorial board has become worried that recent protectionist promises coming from the two leading liberal presidential candidates will hurt their movement’s image among the new more upscale pro-free trade members of their coalition. To counteract the perception that liberals are protectionist and conservatives are free traders, …
In his final State of the Union address, the President not only raised the politically contentious issue of making tangible progress on advancing pending free trade initiatives, but also highlighted the importance of freer trade in helping America weather today’s economic turbulence and in promoting American competitiveness in the future. …