Home
In this issue
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 August 13, 2007 / 29 Menachem-Av, 5767

Stuck in the past of trade

By Michael Barone


Printer Friendly Version
Email this article

http://www.JewishWorldReview.com | One issue thats going to come up this fall that you havent heard much about is trade. Or at least I hope its going to come up. The Bush administration has submitted four free-trade agreements for approval by Congress — with Peru, Colombia, Panama and South Korea. At the moment, their chances dont look very good. Democrats have taken to opposing FTAs almost unanimously. In July 2006, the House voted by only a 217-215 margin for the CAFTA, the FTA with four Central American countries and the Dominican Republic. House Democrats voted 188-15 against, House Republicans 202-27 for. In the Senate the vote was 54-45, with Democrats voting 33-10 against and Republicans 43-12 for. Those numbers suggest that the four pending FTAs are in severe trouble unless some votes are switched.


The administrations special trade representatives, Rob Portman and then Susan Schwab, responded to the CAFTA vote by obtaining more concessions on labor and environmental standards — the reason (or pretext) many Democrats cited for voting against CAFTA. They worked closely with Charles Rangel, now Chairman of the House Ways and Means Committee, who has looked favorably on previous FTAs and sees such agreements as a means for poorer countries to improve the lot of their people. Which of course they are. As you learn in Economics 101, or in Adam Smiths Wealth of Nations if you want to go back farther, free trade benefits workers and consumers in both countries. Freer trade accounts for billions in improvement of the standards of living in the United States.


FTAs with countries like Peru, Colombia, Panama and South Korea benefits us more than them. They tend to place barriers on our manufactured products and not to honor our intellectual property rights. We let most of their stuff in with little or no duty. Approving these FTAs would open up fairly large markets to us. Colombia, with 46 million people, is the second-largest Spanish-speaking country after Mexico. Peru has 28 million and Panama, with a sizzlingly growing economy, 3 million. South Korea, with 48 million people, has the eleventh or twelfth largest economy in the world. Many politicians who have been voting against FTAs are drooling over the possibility of selling things to impoverished Cuba, which has only 11 million people. Someone might want to ask them why they havent shown similar enthusiasm for selling things to the CAFTA nations, which have 39 million, or the four nations with pending FTAs, which have 125 million.


You can sum up the reason why most congressional Democrats are voting against FTAs in six letters: AFL-CIO. The AFL-CIO did a splendid job raising money and turning out voters for Democrats in 2006. Their efforts were highly sophisticated and they may very well have made the difference in Democrats gaining their majorities. And the AFL-CIO is dead set against free trade. It was unhappy with the Clinton administration when it pushed through the NAFTA with Mexico in 1993 and predicted big job losses, and is not phased by the fact that the United States has produced nearly 30 million new jobs net since that time.


This is a classic example of interests of the past trumping interests of the future. Nearly half of all union members today are public employees, almost none of whom are likely to be replaced by workers abroad. But the union movement is still in mourning for the hundreds of thousands of jobs in auto factories, steel mills and other industries that disappeared in the recession of 1979-1982. The denunciations of NAFTA and the votes against CAFTA and the pending FTAs are protests against what happened in Detroit, Cleveland and Pittsburgh a quarter century ago.


Once upon a time, the positions of the parties were reversed. In 1962, the Kennedy administrations chief domestic priority was a free-trade bill, which most Democrats voted for and most Republicans voted against. A disabling amendment was offered by Sen. Prescott Bush, George W. Bushs grandfather. Then it was Republicans looking back with nostalgia to the days of William McKinley and Warren Harding. Now it is Democrats looking back with nostalgia to the days of million-plus membership in the United Auto Workers and United Steelworkers. If the pending FTAs go down, it will be bad news for the progressive governments of Peru and Panama and South Korea and a disaster for Colombia and its president, Alvaro Uribe, who has successfully been fighting the leftist FARC terrorists and is threatened by Venezuelas authoritarian leftist Hugo Chavez. It would be too bad if todays interests were subordinated by nostalgia for a past that will not return.

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.

BARONE'S LATEST
The New Americans  

Now, more than ever, the melting pot must be used to keep America great. Barone attacks multiculturalism and anti-American apologists--but he also rejects proposals for building a wall to keep immigrants out, or rounding up millions of illegals to send back home. Rather, the melting pot must be allowed to work (as it has for centuries) to teach new Americans the values, history, and unique spirit of America so they, too, can enjoy the American dream.. Sales help fund JWR.

JWR contributor Michael Barone is a columnist at U.S. News & World Report. Comment by clicking here.




Michael Barone Archives

© 2006, US News & World Report

Columnists

Toons

Lifestyles