Free Trade Proponents Foolishly Push Forward
OPS_admin | Dec 08, 2009 | Comments 0
With President Barack Obama set to unveil new job creation policies next week, his critics on the right, including business groups and Congressional Republicans are offering up their own ideas.
With President Barack Obama set to unveil new job creation policies next week, his critics on the right, including business groups and Congressional Republicans are offering up their own ideas. Those ideas consist of the same boilerplate GOP economic stimulus of the past two decades: lower taxes and more so-called “free trade.”
Critics on the right would like to see the Obama administration and Congress actively work to finalize previously negotiated “free trade” agreements with Columbia, South Korea and Panama, which they say will boost U.S. exports and create American jobs, in spite of “free trade” failures America has seen so far.
“For most of 2009 we were willing to sit on our hands” Bill Lane, a government affairs official for Caterpillar Inc., told the Associated Press. “We can't maintain that anymore. It's time we started moving forward.”
According to Lane, the U.S. has paid $2.3 billion in tariffs to Columbia since the trade agreement was negotiated three years ago.
Full Story Economyincrisis.org – America’s Economic Report – Daily.
Filed Under: Foreign Policy
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If we don't change our ways soon...
A new report by the Royal Society, chaired by Nobel prize-winning biologist Sir John Sulston warns that world population must be stabilized and consumption in wealthy nations must be reduced or the entire planet is in big trouble. As the report reads: "The number of people living on the planet has never been higher, their levels of consumption are unprecedented and vast changes are taking place in the environment. We can choose to rebalance the use of resources to a more egalitarian pattern of consumption... or we can choose to do nothing and to drift into a downward spiral of economic and environmental ills leading to a more unequal and inhospitable future."This is the same warning that President Jimmy Carter gave Americans back in the 1970's - but it was ignored when Ronald Reagan came to power with a "more positive" message basically telling Americans we can do whatever we want. And then after 9/11 - Bush told us all we should go shopping and consume ever more.And now with corporations calling the shots in Washington - long-term sustainability of the planet takes a back seat to short-term profits. If we don't change our ways soon - and embrace clean, alternative energy and educate women around the plant - then we all could be headed for a rough century.-Thom(Is there any chance we will learn in time? Tell us here.) -
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