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December 2, 2014

Jonathan Tobin: Defending the Right to a Jewish State

Heather Hale: Compliment your kids without giving them big heads

Megan Shauri: 10 ways you are ruining your own happiness

Carolyn Bigda: 8 Best Dividend Stocks for 2015

Kiplinger's Personal Finance editors: 7 Things You Didn't Know About Paying Off Student Loans

Samantha Olson: The Crucial Mistake 55% Of Parents Are Making At Their Baby's Bedtime

Densie Well, Ph.D., R.D. Open your eyes to yellow vegetables

The Kosher Gourmet by Megan Gordon With its colorful cache of purples and oranges and reds, COLLARD GREEN SLAW is a marvelous mood booster --- not to mention just downright delish
April 18, 2014

Rabbi Yonason Goldson: Clarifying one of the greatest philosophical conundrums in theology

Caroline B. Glick: The disappearance of US will

Megan Wallgren: 10 things I've learned from my teenagers

Lizette Borreli: Green Tea Boosts Brain Power, May Help Treat Dementia

John Ericson: Trying hard to be 'positive' but never succeeding? Blame Your Brain

The Kosher Gourmet by Julie Rothman Almondy, flourless torta del re (Italian king's cake), has royal roots, is simple to make, . . . but devour it because it's simply delicious

April 14, 2014

Rabbi Dr Naftali Brawer: Passover frees us from the tyranny of time

Greg Crosby: Passing Over Religion

Eric Schulzke: First degree: How America really recovered from a murder epidemic

Georgia Lee: When love is not enough: Teaching your kids about the realities of adult relationships

Cameron Huddleston: Freebies for Your Lawn and Garden

Gordon Pape: How you can tell if your financial adviser is setting you up for potential ruin

Dana Dovey: Up to 500,000 people die each year from hepatitis C-related liver disease. New Treatment Has Over 90% Success Rate

Justin Caba: Eating Watermelon Can Help Control High Blood Pressure

The Kosher Gourmet by Joshua E. London and Lou Marmon Don't dare pass over these Pesach picks for Manischewitz!

April 11, 2014

Rabbi Hillel Goldberg: Silence is much more than golden

Caroline B. Glick: Forgetting freedom at Passover

Susan Swann: How to value a child for who he is, not just what he does

Cameron Huddleston: 7 Financial Tasks You Should Tackle Right Now

Sandra Block and Lisa Gerstner: How to Profit From Your Passion

Susan Scutti: A Simple Blood Test Might Soon Diagnose Cancer

Chris Weller: Have A Slow Metabolism? Let Science Speed It Up For You

The Kosher Gourmet by Diane Rossen Worthington Whitefish Terrine: A French take on gefilte fish

April 9, 2014

Jonathan Tobin: Why Did Kerry Lie About Israeli Blame?

Samuel G. Freedman: A resolution 70 years later for a father's unsettling legacy of ashes from Dachau

Jessica Ivins: A resolution 70 years later for a father's unsettling legacy of ashes from Dachau

Kim Giles: Asking for help is not weakness

Kathy Kristof and Barbara Hoch Marcus: 7 Great Growth Israeli Stocks

Matthew Mientka: How Beans, Peas, And Chickpeas Cleanse Bad Cholesterol and Lowers Risk of Heart Disease

Sabrina Bachai: 5 At-Home Treatments For Headaches

The Kosher Gourmet by Daniel Neman Have yourself a matzo ball: The secrets bubby never told you and recipes she could have never imagined

April 8, 2014

Lori Nawyn: At Your Wit's End and Back: Finding Peace

Susan B. Garland and Rachel L. Sheedy: Strategies Married Couples Can Use to Boost Benefits

David Muhlbaum: Smart Tax Deductions Non-Itemizers Can Claim

Jill Weisenberger, M.S., R.D.N., C.D.E : Before You Lose Your Mental Edge

Dana Dovey: Coffee Drinkers Rejoice! Your Cup Of Joe Can Prevent Death From Liver Disease

Chris Weller: Electric 'Thinking Cap' Puts Your Brain Power Into High Gear

The Kosher Gourmet by Marlene Parrish A gift of hazelnuts keeps giving --- for a variety of nutty recipes: Entree, side, soup, dessert

April 4, 2014

Rabbi David Gutterman: The Word for Nothing Means Everything

Charles Krauthammer: Kerry's folly, Chapter 3

Amy Peterson: A life of love: How to build lasting relationships with your children

John Ericson: Older Women: Save Your Heart, Prevent Stroke Don't Drink Diet

John Ericson: Why 50 million Americans will still have spring allergies after taking meds

Cameron Huddleston: Best and Worst Buys of April 2014

Stacy Rapacon: Great Mutual Funds for Young Investors

Sarah Boesveld: Teacher keeps promise to mail thousands of former students letters written by their past selves

The Kosher Gourmet by Sharon Thompson Anyone can make a salad, you say. But can they make a great salad? (SECRETS, TESTED TECHNIQUES + 4 RECIPES, INCLUDING DRESSINGS)

April 2, 2014

Paul Greenberg: Death and joy in the spring

Dan Barry: Should South Carolina Jews be forced to maintain this chimney built by Germans serving the Nazis?

Mayra Bitsko: Save me! An alien took over my child's personality

Frank Clayton: Get happy: 20 scientifically proven happiness activities

Susan Scutti: It's Genetic! Obesity and the 'Carb Breakdown' Gene

Lecia Bushak: Why Hand Sanitizer May Actually Harm Your Health

Stacy Rapacon: Great Funds You Can Own for $500 or Less

Cameron Huddleston: 7 Ways to Save on Home Decor

The Kosher Gourmet by Steve Petusevsky Exploring ingredients as edible-stuffed containers (TWO RECIPES + TIPS & TECHINQUES)

Jewish World Review May 18, 2005 / 9 Iyar, 5765

Free trade slip-sliding away?

By Tony Blankley


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http://www.JewishWorldReview.com | The Central American Free Trade Agreement (CAFTA), President Bush's modest little trade bill that would benefit the U.S. economy at least as much as Central America's, is edging toward defeat in Congress. It is a sign of the precarious political position of the entire post-WWII free-trade regime that such a bill might be unpassable in the capital of the world is pre-eminent free trading nation.

If the American political system is driving even free-trade believing congressmen to vote "nyet" on CAFTA, it is "adios" to globalized trade and "welkommen" to protectionist principles of international economics. (I thought I would start using up my foreign vocabulary, as there may soon be a glut in the market for foreign words of salutation.)

The bill itself is a model of practical utility. It eliminates almost all the trade barriers between the United States and Central America (Costa Rica, El Salvador, Honduras, the Dominican Republic, Guatemala and Nicaragua), America's second-largest Latin trading block after Mexico.

Because of NAFTA and the Caribbean Basin Initiative, our economy is already open (barrier-free) to most of Central America's likely imports to us. On the other hand, their economies will now provide export opportunities for American business and agriculture, which is why CAFTA is endorsed by most manufacturing and service sector producers as well as dozens of American farm organizations, such as fruit, pork, chicken and dairy producers.

Passage of the treaty by Congress would have the added political advantage of bringing some economic growth and stability (and competitive trade parity with Mexico, which, under NAFTA, already has more open trade relations with the U.S.) for a region that has been ripped by violent communist revolution and violent right wing counter revolution for two decades. It is just now settling down to something resembling normal life for the long-suffering citizens of Central America.

The treaty is vigorously opposed by the American sugar producers, the textile industry and the normal assortment of anti-globalists of the left and right. The treaty would allow an extra 109,000 metric tons of imported sugar, which would bring sugar costs down slightly but would not undermine the massive American sugar industry.

The textile industry is concerned that the new "rules of origin" would establish a bad precedent as well as allow more foreign fabrics to be imported into the U.S. from Central America (although most economists point out that Central America is likely to continue importing our textiles for finishing work and re-importation into the United States for sale.)

Of course, many on the left make the cruel argument that they oppose the trade treaty because of lower labor and environmental standards in Central America (thereby driving the locals from low wages to destitution, and further impoverishing the local country, thus assuring higher levels of environmental degradation. Only richer countries can afford high environmental standards.)

These arguments are not new, but their political effects are. For about 10-15 years now, the conventional protectionist and anti-globalist arguments have held sway over a substantial minority of Congress, but have consistently failed to convince a majority to reject a reasonably balanced trade bill. That may be changing.

Ever since the NAFTA vote in 1993, free-trade bills have relied on overwhelming Republican support along with a substantial minority of free-trade Democrats. President Clinton had to lobby Democratic congressmen hard to get half of them to support his NAFTA treaty.

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But now, despite a strong and growing economy, under the pressure of huge trade imbalances with China, and fears of outsourcing (perhaps in response to the growing general frightfulness of the world), traditionally pro-free-trade congressmen from both parties are beginning to waver.

Rep. Ellen Tauscher, D.-Calif., the head of the 41 member centrist, pro-free-trade New Democratic Coalition has come out against CAFTA, citing the old anti-globalist arguments that had never before moved her support of free trade. Other members of that coalition have followed her into the protectionist camp.

In the Republican Party, Sen. Saxby Chambliss, R.-Ga., another traditional supporter of free trade, told the New York Times recently that he "could no longer support bilateral trade agreements without being assured that American industries and workers are truly benefiting from these agreements." Once again, the language of the protectionists is being embraced by a now former free trader.

According to the Financial Times, the generally free trade enjoyed by the United States since 1945 has accounted for about 10 percent of our economic activity. That is to say, America would be about a trillion dollars a year poorer without the benefits of free trade. Of course, world trade will not decline overnight. But it is an ominous political fact that there may be an emerging majority in Congress prepared to sacrifice the golden goose on the altar of their deepest economic fears.

Every weekday JewishWorldReview.com publishes what many in in the media and Washington consider "must-reading". Sign up for the daily JWR update. It's free. Just click here.

Tony Blankley is editorial page editor of The Washington Times. Comment by clicking here.


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