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Floating the Most Discredited Canard of the Trade Debate

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Joanne98 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Feb-18-09 02:32 PM
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Floating the Most Discredited Canard of the Trade Debate


Bad news from CBS:

Obama: Economic Crisis May Delay NAFTA Negotiations
President Obama made a U.S.-led renegotiation of North American Free Trade Agreement (NAFTA) labor and environmental standards a central promise of his campaign. But asked today if he plans to start negotiations during his Thursday visit to Canada, Mr. Obama suggested that economic duress may postpone the NAFTA plans.

"There are a lot of sensitivities right now because of the huge decline in world trade," Mr. Obama told the Canadian Broadcasting Corporation.

This is troubling on two levels. First and foremost, we need to renegotiate NAFTA to put labor and environmental standards into the agreement so that they are truly enforceable. We protect pharmaceutical patents, intellectual property and copyrights in NAFTA - that is, we protect corporate rights in the agreement, and we need to protect human/environmental rights too, just as Obama promised during the campaign.

But even more upsetting is the broader ideology Obama seems to be espousing in his rationale for potentially delaying systemic trade renegotiations.

David Sirota :: Floating the Most Discredited Canard of the Trade Debate
Though he reluctantly went on to say he thinks labor and environmental protections need to be put into NAFTA, the way he structured his comments - specifically, the way he juxtaposed economic growth against reformed trade - seems to subscribe to the discredited concept that making trade rules more fair somehow at odds with economic growth . Oddly, he's implying this at the very same time he has said worker rights (ie. The Employee Free Choice Act) and environmental protection (for example, investing in green jobs) are key to long-term economic growth here at home.
Of course, the idea that basic environmental and worker rights in trade agreements are bad for the economy has no actual basis in data or fact. It's all free-trade theology - but certainly not "pragmatism" and certainly not based in any concrete evidence. This theology asks us to believe that protectionism for patents and for (as Dean Baker repeatedly points out) professional jobs is great for economic growth at a time of crisis, but the same protectionism for human rights and the environment would exacerbate the economic crisis.

Where is this theology coming from? Likely from the Team of Zombies. Obama has put the same free-trade fundamentalists in his government that originally crafted and championed NAFTA and NAFTA-style trade agreements (Summers, Geithner, Emanuel, etc.). These are people whose careers coddling corporate power are directly at odds with Obama's campaign promises (made, of course, in key industrial swing states) to seriously reform our trade policies.

http://www.openleft.com/showDiary.do;jsessionid=951517FB92130D5A59F136D485052998?diaryId=11683
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Captain Hilts Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Feb-18-09 02:36 PM
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1. None of it will keep jobs from heading to China. nt
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