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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 Dec. 5, 2007 / 25 Kislev 5768

Hillary, Huckabee and Trade; It's Time for a Free-Trade Debate

By Tony Blankley


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http://www.JewishWorldReview.com | Other than the fight against radical Islam, the efficacy of free trade may be the most important issue pending before the American people and our government. Since the end of World War II, the principle of free trade has defined U.S. economic policy — and thus, to a large extent, the world's economy. Globalization is the product of a long half-century of American free-trade policy.


Until the 1980s, it was not even a debated point. Both Democrats and Republicans, liberals and conservatives largely supported free trade. During the past 20 years, doubt has emerged on the question of whether Americans gain or lose from free trade. But the Bill Clinton presidency, in full partnership with the Newt Gingrich Republican Congress, fully supported free trade.


However, even in the 1990s, the Democratic Congress only begrudgingly voted with half its caucus for Clinton and Gingrich's NAFTA. About two-thirds of the Republican caucus voted yes. Then, by about 40 percent to 30 percent, Republican voters thought free trade was good for America (with the remainder saying it made no difference). Now, according to an October 2007 Wall Street Journal poll, by 59 percent to 32 percent, Republicans think foreign (free) trade has been bad for America. Democrats are more negative. Many other polls confirm this trend over the past two decades.


Thus, it was not surprising that this Monday, the Financial Times gave their lead headline (plus a 3-by-6-inch above-the-fold color photo) to Hillary Clinton on her statement that she doubted the benefits of the upcoming world-trade talks in Doha, Qatar. As her campaign is largely premised on the proclaimed wisdom and success of her and her husband's previous presidency, it is noteworthy in the extreme that she is breaking with her co-president (some guy named Bill, I think) on the question of free trade.


Whether Hillary Clinton wins the Democratic Party presidential nomination or not, few would doubt that she has shrewdly assessed the most useful position to hold on the issue. The Democratic Party is now, essentially, an anti-free-trade party. The Republican Party remains, at least at the presidential level, a pro-free-trade party, as exemplified by Rudy Giuliani's statement: "Our philosophy has to be not how many protectionist measures can we put in place, but how do we invent new things to sell" abroad. "That's the view of the future. What (protectionists) are trying to do is lock in the inadequacies of the past."


Are you certain, Rudy? Republicans venture forth into the 2008 election campaign with such an unquestioning free-trade policy at their peril. Certainly the most politically gifted of the Republican candidates, Mike Huckabee, sees that peril.


Huckabee, sounding like a Democrat, has expressed concern that free trade can lead to an unfair loss of American jobs: "If somebody in the presidency doesn't begin to understand that we can't have free trade if it's not fair trade, we're going to continually see people who have worked for 20 and 30 years for companies one day walk in and get the pink slip and told, 'I'm sorry, but everything you spent your life working for is no longer here.'"


Classic free-traders may impute such words by both Hillary and Huckabee to cynicism, populism and demagogy, but it is just possible that the American people may sense a real danger that the elites, heavily invested in the globalization project, cannot see yet.


It is noteworthy that Hillary cites the newfound free-trade skepticism of Paul Samuelson (arguably the most important free-trade economist of the second half of the 20th century). It was his 2004 article in the Journal of Economic Perspectives that triggered my decision to reassess the value of free trade. I still have not been persuaded to give up free trade, but it has become debatable. (I still believe the statistic that about 10 percent of our economic activity is the result of foreign trade. Thus, in a protectionist environment, we would be, as a nation, 10 percent poorer each year. That is a huge factor for decreased prosperity, when compounded over the decades.)


However the Republican Party will be making not only a political mistake, but possibly a policy mistake of the first order if it does not vigorously engage in that emerging debate.


Samuelson argues: "Correct Ricardian theory does imply that worldwide real income per capita does gain so that winners' winnings will suffice worldwide to more than compensate losers' losings." But Samuelson worries that the wealthy countries (the United States, above all) may be the losers, while India, China and other developing countries may be the winners.


What the country (and the Republican Party) needs is an intelligent, nonbelligerent debate, not the mere recitation of ancient maxims that may or may not be valid in a world in which potentially 2 billion Chinese and Indian workers suddenly have been thrown into the world labor market. Maybe that won't put severe downward pressure on American wages (and salaries of many white-collar workers), but it ought to be worrying.

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

Tony Blankley is executive vice president of Edelman public relations in Washington. Comment by clicking here.

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