17. Bush Pushes Expensive "Free" Trade.
It doesn't matter what side of the free-trade vs. fair-trade argument you are on - we are being sold an expensive bill of goods by President Bush.
His previous "free" trade efforts, such as NAFTA, GATT, and WTO have cost America millions of jobs and moved markets to countries where nobody has any money. We have shipped out our high-tech and industrial jobs overseas and replaced some of them with entry-level service jobs to keep the numbers from appearing as bad as they actually are (Would you like to "super-size" that order?).
Bush would like to super-size the damage caused by these New World Order trade agreements. He wants to expand the devastation caused by NAFTA with CAFTA (Central America Free Trade Agreement) and FTAA (Free Trade of the Americas Agreement). Now besides losing jobs to Mexico, we'll lose them to Honduras, Venezuela, and other countries south of Mexico, many of which have become Communist in recent years. Mexico will also lose some of the jobs they stole from us to the same nations.
NAFTA contained some 2,000 pages. Can someone tell me how a FREE trade agreement can contain 2,000 pages of trade REGULATIONS?
Apparently the modern definitions are that anything that hurts America is considered "free trade" and anything that helps America is considered "fair trade". But why do the conservative Republicans continue to support the type of trade that harms America? It's almost as if they weren't on our side.
http://abcnews.go.com/Business/wireStory?id=509736
Bush Economic Report Pushes Free Trade
Bush's Economic Report Argues the Benefits of Free and Fair Trade Despite Criticisms
By MARTIN CRUTSINGER
The Associated Press
WASHINGTON Feb 17, 2005 — Contending that Americans benefit from free trade, President Bush said Thursday he would keep pursuing liberalization agreements around the world, even as critics say his policies have resulted in record trade deficits and millions of lost jobs.
Bush's pledge came in his annual economic report to Congress, a 438-page document that argued that his economic policies, ranging from making his first-term tax cuts permanent to overhauling Social Security, will lead to greater prosperity.
TG: Wait a minute. Make the tax CUTS permanent while overhauling Social Security, which he has already proposed tax HIKES to accomplish? Whoever is working Puppet Bush's marionette strings is truly a master puppeteer. He made the guy say two *opposite* things at the same time, out of the same mouth. That's impressive.
"I believe that Americans benefit from open markets and free and fair trade and I am working to open up markets around the world and make sure that the playing field is level for our workers, farmers, manufacturers and other job creators," Bush said in his message to Congress.
The administration devoted an entire chapter to extolling the benefits of free trade and seeking to answer critics who contend the country's soaring trade deficits, which last year hit a record of $617.7 billion, were costing millions of jobs.
However, the report did not repeat an argument made last year that critics viewed as endorsing the idea that the "outsourcing" of American jobs to lower-wage countries represented a benefit to the U.S. economy.
TG: He couldn't make that insane argument again. Some of us catch on after getting burnt a few times.
His previous "free" trade efforts, such as NAFTA, GATT, and WTO have cost America millions of jobs and moved markets to countries where nobody has any money. We have shipped out our high-tech and industrial jobs overseas and replaced some of them with entry-level service jobs to keep the numbers from appearing as bad as they actually are (Would you like to "super-size" that order?).
Bush would like to super-size the damage caused by these New World Order trade agreements. He wants to expand the devastation caused by NAFTA with CAFTA (Central America Free Trade Agreement) and FTAA (Free Trade of the Americas Agreement). Now besides losing jobs to Mexico, we'll lose them to Honduras, Venezuela, and other countries south of Mexico, many of which have become Communist in recent years. Mexico will also lose some of the jobs they stole from us to the same nations.
NAFTA contained some 2,000 pages. Can someone tell me how a FREE trade agreement can contain 2,000 pages of trade REGULATIONS?
Apparently the modern definitions are that anything that hurts America is considered "free trade" and anything that helps America is considered "fair trade". But why do the conservative Republicans continue to support the type of trade that harms America? It's almost as if they weren't on our side.
http://abcnews.go.com/Business/wireStory?id=509736
Bush Economic Report Pushes Free Trade
Bush's Economic Report Argues the Benefits of Free and Fair Trade Despite Criticisms
By MARTIN CRUTSINGER
The Associated Press
WASHINGTON Feb 17, 2005 — Contending that Americans benefit from free trade, President Bush said Thursday he would keep pursuing liberalization agreements around the world, even as critics say his policies have resulted in record trade deficits and millions of lost jobs.
Bush's pledge came in his annual economic report to Congress, a 438-page document that argued that his economic policies, ranging from making his first-term tax cuts permanent to overhauling Social Security, will lead to greater prosperity.
TG: Wait a minute. Make the tax CUTS permanent while overhauling Social Security, which he has already proposed tax HIKES to accomplish? Whoever is working Puppet Bush's marionette strings is truly a master puppeteer. He made the guy say two *opposite* things at the same time, out of the same mouth. That's impressive.
"I believe that Americans benefit from open markets and free and fair trade and I am working to open up markets around the world and make sure that the playing field is level for our workers, farmers, manufacturers and other job creators," Bush said in his message to Congress.
The administration devoted an entire chapter to extolling the benefits of free trade and seeking to answer critics who contend the country's soaring trade deficits, which last year hit a record of $617.7 billion, were costing millions of jobs.
However, the report did not repeat an argument made last year that critics viewed as endorsing the idea that the "outsourcing" of American jobs to lower-wage countries represented a benefit to the U.S. economy.
TG: He couldn't make that insane argument again. Some of us catch on after getting burnt a few times.
posted by T.G. at 7:37 PM
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