Free Trade Agreements: Key to Economic Recovery?

By:  Joe Wolverton, II
09/12/2011
       
Free Trade Agreements: Key to Economic Recovery?

In his speech on the economy on September 8, President Barack Obama tied our nation's fiscal recovery to the passage of three free trade agreements (FTA) currently awaiting approval. Said the president:

Now it’s time to clear the way for a series of trade agreements that would make it easier for American companies to sell their products in Panama and Colombia and South Korea — while also helping the workers whose jobs have been affected by global competition.  (Applause.)  If Americans can buy Kias and Hyundais, I want to see folks in South Korea driving Fords and Chevys and Chryslers.  (Applause.)  I want to see more products sold around the world stamped with the three proud words:  “Made in America.”  That’s what we need to get done.

While the Republicans may disagree with much of what the president proposed, their leadership is adamantly and enthusiastically behind the trade agreements. Evidence of the bipartisan support for the agreements is found everywhere. Last week, Senate Minority Leader Mitch McConnell (R-Kent.) wrote an op-ed piece in the Washington Post lamenting the languishing of the trade agreements on President Obama’s desk and imploring him to pass them along to Congress.

In his speech on the economy on September 8, President Barack Obama tied our nation's fiscal recovery to the passage of three free trade agreements (FTA) currently awaiting approval. Said the president:

Now it’s time to clear the way for a series of trade agreements that would make it easier for American companies to sell their products in Panama and Colombia and South Korea — while also helping the workers whose jobs have been affected by global competition.  (Applause.)  If Americans can buy Kias and Hyundais, I want to see folks in South Korea driving Fords and Chevys and Chryslers.  (Applause.)  I want to see more products sold around the world stamped with the three proud words:  “Made in America.”  That’s what we need to get done.

While the Republicans may disagree with much of what the president proposed, their leadership is adamantly and enthusiastically behind the trade agreements. Evidence of the bipartisan support for the agreements is found everywhere. Last week, Senate Minority Leader Mitch McConnell (R-Kent.) wrote an op-ed piece in the Washington Post lamenting the languishing of the trade agreements on President Obama’s desk and imploring him to pass them along to Congress.

Click here to read the entire article.

Photos: Kia Venga (top) and Hyundai Tiburon (bottom).

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