John Edwards has announced his opposition to the Peru FTA.  Obama says he will vote for it. Obama voted against CAFTA.  Biden opposes the  Peru deal.  Clinton voted against CAFTA, and has not stated her position on Peru.

The Peruvian economy is about the size of Hartford, Connecticut's economy.  Some say we should pass it because it is no big deal.  Being a little dumb is no better than being a lot dumb.  Better to say let's use the small deals to install trade principals to eliminate the deficit... and VAT tariffs... and sovereignty losses... and currency manipulation.  Tweaking labor and environmental provisions, with the placebo of Trade Adjustment Assistance, don't cut it.

Here is Edwards quote:

"In short, this agreement does not meet my standard of putting American workers and communities first, ahead of the interests of the big multinational corporations, which for too long have rigged our trade policies for themselves," 

Here is Obama's quote:

"What I am not willing to do is to say on a blanket basis 'We aren't going to have international trade agreements,' " Obama said. "I think that is a mistake. We can't draw a moat around the U.S. economy."

Stupid comment.  No "moat" is proposed by anyone, sir. 

By the way, Senator Obama, have you actually read the agreement.  And what are your trade principles... other than being against a moat.

Trackbacks (0) TrackBack URI for this entry Comments (0)

Write comment

Name

Title

Comment

Add Comment