Monday, December 08, 2008
Why Canada Loves Nancy Pelosi - WSJ.com
Free trade seems to be a fairly simple concept.
That is, until politicians get involved...
That is, until politicians get involved...
The Wall Street Journal has this opinion:
"It's what you call a win-win. But not for American exporters who compete with Canadians in Colombia. Because Speaker Nancy Pelosi has blocked a vote in Congress on the U.S.-Colombia Free Trade Agreement, American goods will automatically be more expensive than those from Canada by the amount of the existing tariff. If the United Auto Workers thought their Caterpillar exports were losing global ground before, wait until they compete on this not-so-level playing field."
