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|6.19.06 @ 10:58AM|#
Bartlett's article is sadly accurate. Because Republicans are operating on such a tight political margin, the Bush Administration has basically conceded control of domestic issues in order to give itself a free hand in foreign affairs. Hence, a political machine based on pork, political favors, and protectionism.
The only powerful political force in favor of free trade is "big business," which insists on operating behind the scenes. If business leaders had the nerve to speak publicly in favor of free trade, the dialogue might be more balanced. But many business leaders, of course, don't believe in free trade. They want subsidies and quotas. Without powerful allies, there's only so much the pointy-headed economist bloc can do.
|6.19.06 @ 2:05PM|#
The worst part is that the Republicans are giving free market ideas a bad reputation.
|6.19.06 @ 8:44PM|#
A very pointed and useful article, although sadly unsurprising. Whenever I get into arguments about free trade at school (often with teachers who know little about the subject), I have to explain why liberalizing trade (i.e., ending subsidies and tariffs, opening markets) is good. Invariably, I get a lecture about "fair trade" and how free trade hurts people in developing countries. I always reply that it's bad economic policy in the U.S. and Europe (the aforementioned subsidies and tariffs) that hurts those countries, and that real free trade benefits everyone. It's an argument that seems to befuddle most people, including presidents and trade representatives, apparently.
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