Obama’s Trade Contortions

November 29, 2010 07:03


Why, besides the Democratic Party’s loyalties to the AFL-CIO, is the president not pushing the U.S. free trade agreement with Colombia?

By MARY ANASTASIA O’GRADY at Wall Street Journal

EXCERPTS:

This deal is already signed by both parties. It is even likely that it would be ratified if President Obama would only send it to Congress for an up-or-down vote under “fast-track negotiating authority.” Instead, the administration has been letting it languish in a drawer, and its explanations for doing so grow more convoluted every day.

There’s a reason for that. Under Obamanomics, exports are supposed to play the leading role in putting Americans back to work. This makes the Colombia deal good, because it would increase U.S. competitiveness in that South American country. But Big Labor is against free trade agreements and Mr. Obama needs Big Labor. That makes the Colombia deal bad.

FULL ARTICLE



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