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Rahm kills Colombia FTA talk |
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Written by Stumo
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Monday, 10 November 2008 |
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I wrote before of my worry, based upon news reports, that the next stimulus package would include the Colombia FTA to get the Bush Administration to support it. Rahm Emanuel, chief-of-staff-in-waiting, tried to quash that possibility yesterday during Sunday morning talking heads TV shows.
Mr. Emanuel said an economic stimulus package in Congress should not be linked to a free-trade agreement with Colombia, as some Republicans have sought to do. Democrats have resisted those efforts, saying it does not provide enough labor protection.
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The following was written by Peter Morici, professor at the University of Maryland School of Business and former Chief Economist at the U.S. International Trade Commission.
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