Free Trade Free Fall?
Free trade's popularity has nose-dived, but is its political peril enough to stop Congress from approving four new trade agreements?
—By Natalie Hudson, Utne.com
April 11, 2007 Issue
Once considered the bastion of American capitalism, free trade is freefalling out of favor among the public and politicians alike. Whatever waning leverage the Bush administration is clinging to has all but dried up in the Democratic-controlled Congress, many members of which won pushing anti-free trade platforms.
Reporting for Foreign Policy in Focus, Laura Carlsen cites a national NBCNews/Wall Street Journal poll from March showing that 46 percent of people surveyed believe free trade agreements like the North American Free Trade Agreement (NAFTA) have hurt the country. Only 28 percent of those surveyed believe that they helped.
Politicians are apparently aware of the public's skepticism, according to Tom Barry, policy director for the International Relations Center, a New Mexico-based think tank. In a "trade backgrounder" report, Barry writes that "
oth political parties are increasingly wary of trade measures that may increase the massive US trade deficit and anger voters tired of seeing US jobs lost to overseas production."
http://www.utne.com/webwatch/2007_294/news/12519-1.html