Sunday, August 26, 2007

Democratic presidential contenders trash NAFTA

>> Free Trade is NOT free when the playing field is unequal.<<

Well, we are never going to prevent other countries from having lower wages. So you can have variants on three choices:

1. Have trade with them with no agreement
2. Put up trade barriers to stop trade
3. Have trade with them in an agreement that forces as much of the same regulatory burden on them as there is on us.

NAFTA, President Reagan’s dream is the best deal we could get. Free Trade agreements are like democracy - for all their faults, they are still better than the alternatives.

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