Categorized | Trade

Oh Darn. More problems with WTO talks

The Doha round of WTO talks, in Qatari, began in, I think, 500
B.C.  They are not done yet.  Pronounced dead several
times.  But then we hear they are alive.  Like a bad episode
of "Night of the Living Dead."  Most recently:

Global trade talks have stumbled
again after a frustrated mediator suspended negotiations over
industrial goods, complaining that it was “pointless to continue”
because diplomats were refusing to negotiate.

You’ve heard of the
WTO.  We signed it.  Other countries use it to sue the U.S.
and win most of the time.  So we have to change our laws (the WTO
does not appear in our Constitution).  And we never elected or
appointed those tribunals that rule against us.  And the
proceedings are secret. 

Wacko free trader arguments are getting funnier:

Advocates of a deal say that the need for an accord has been made more urgent by soaring food prices, …

Yup.  If Doha is successful, the 2007 drought in Australia
won’t happen again. Neither will the 2007 drought in the Western
U.S.  And U.S. currency values won’t affect food prices.  And
food will magically appear on the plates of the poor.  All because
some guys and gals in Doha had a great vacation for a long time and
signed a piece of paper.

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