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Written by Stumo
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Thursday, 11 October 2007 |
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If you wondered where McCain stands on trade, he has already cleared
it up. I just found it. "There's no greater free trader in
the Senate than I am," says Mr. Straight Talk Express in a March 5,
2007 interview for the National Republic Online:
PONNURU: Theres been a lot of talk after the election that youve
got all these new populist Democrats who are suspicious of free trade.
Is there any way to make further progress with trade liberalization or
is that over for the foreseeable future?
SEN. MCCAIN: Im very worried over about the rising tide of
protectionism, which was manifested in the last election. Im a free
trader. Since Phil Graham left, theres no greater free trader in the
Senate than I am. Im very concerned about protectionism. And one of
the aspects of this is we got to try to make sure that the impacts of
free trade, which overall are incredibly beneficial, but weve got to
make sure we try to assist those displaced workers that are affected by
the impact of free trade.
By the way, I noticed this morning, a Toyota plant is going to be
opening in Mississippi. That was on this mornings news. You hear about
the 13,000 that were laid off at Chrysler, you dont hear about the
50,000 Americans who now make their living off of eBay.
PONNURU: Insourcing.
SEN. MCCAIN: Exactly.
I study history all the time. Every time the United States has
practiced protectionism weve paid a very heavy price for it. Some even
claim, with some authenticity, that the Smoot-Hawley tariff acts was a
major contributor to the outbreak of World War II, not to mention the
Great Depression.
Isn't it hard for the Smoot-Hawley Tariff to have caused the Great
Depression when the Great Depression started before the law was
enacted? I suppose Hitler would not have invaded Poland if we
hadn't enacted the tariff. And... its ok to hollow out our
economy through outsourcing because we can make a living off
eBay? Maybe its just me, but he doesn't make any sense.
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In the news
MEDIA ADVISORY Business, Labor, and Agriculture Groups to Announce New Coalition to Press for Shift in U.S. Economic Policy Direction Will Unveil Policy Platform to Help Fix America's Economy Press Conference Scheduled for Thursday, October 2 at 11:15 AM on Cannon Terrace in Washington, DC |
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