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Republican Shocker: Free Trade's Not So Good After All
CNBC ^ | 10-4-07 | John Harwood

Posted on 10/04/2007 7:07:18 AM PDT by SJackson

I've seen a lot of opinion polling, but my jaw dropped when I saw this result from our special NBC News-Wall Street Journal poll of Republicans in advance of next week's presidential candidate debate sponsored by CNBC, MSNBC and the WSJ. By a nearly two-to-one margin, Republican voters believe free trade is bad for the U.S. economy, a shift in opinion that mirrors Democratic views and suggests trade deals could face high hurdles under a new president.

Six in 10 Republicans in the poll agreed with a statement that free trade has been bad for the U.S. and said they would agree with a Republican candidate who favored tougher regulations to limit foreign imports. That represents a challenge for Republican candidates who generally echo Mr. Bush’s calls for continued trade expansion, and reflects a substantial shift in sentiment from eight years ago.

"It’s a lot harder to sell the free-trade message to Republicans," said Republican pollster Neil Newhouse, who conducts the Journal/NBC poll with Democratic counterpart Peter Hart.

(Excerpt) Read more at cnbc.com ...


TOPICS: Business/Economy; News/Current Events; Politics/Elections
KEYWORDS: china; duncanhunter; freetrade; nafta; trade
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To: Toddsterpatriot
As soon as you show how the trade deficit is bad for us.

You have already proven this by your currency investments. You sling your "free trade" BS here but in the real world you invest 180° opposite

You invest in foreign currencies because you believe the USD will sink due to our humongous trade deficits. Or perhaps you have another reason why you think the USD will keep going down

401 posted on 10/05/2007 10:54:18 AM PDT by dennisw (France needs a new kind of immigrant — one who is "selected, not endured" - Nicholas Sarkozy)
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To: 1rudeboy

How long before he runs away again?


402 posted on 10/05/2007 10:54:32 AM PDT by Toddsterpatriot (Ignorance of the laws of economics is no excuse.)
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To: Toddsterpatriot

Can General Motors buy a plant in Red CHINA JUST AS THEY WOULD BUY A PLANT HERE IN THE U.S?

I doubt it.


403 posted on 10/05/2007 10:55:08 AM PDT by ZULU (Non nobis, non nobis Domine, sed nomini tuo da gloriam. God, guts and guns made America great.)
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To: jpsb; dennisw
We're coming off one of the strongest (if not the strongest) years ever for our domestic steel industry . . . dennis might be surprised to hear that one of the reasons is the weak dollar.
404 posted on 10/05/2007 10:56:00 AM PDT by 1rudeboy
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To: ZULU

So?


405 posted on 10/05/2007 10:57:25 AM PDT by Toddsterpatriot (Ignorance of the laws of economics is no excuse.)
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To: Toddsterpatriot
Free traders don't get that when Chinese take their dollar (trade) surplus and buy a cement plant here the profits go back to the Chinese.

So it's okay when GM buys a plant in China, because the profits come back to America?

GM doesn't buy Chinese plants and I doubt the ChiComs would let them

406 posted on 10/05/2007 10:58:31 AM PDT by dennisw (France needs a new kind of immigrant — one who is "selected, not endured" - Nicholas Sarkozy)
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To: davidosborne; airborne; Antoninus; GulfBreeze; processing please hold; RasterMaster; ...

Related:

http://209.157.64.200/focus/f-bloggers/1903002/posts
A Discussion With Presidential Candidate Congressman Duncan Hunter

Excerpt:

A key factor in his reception among Michiganders was his tough stance on trade, vowing to stop allowing China to “cheat” on our existing trade agreements and devaluing its currency. Further, China was using these ill-gotten gains to purchase military hardware that (in my personal opinion) will be used against us in the next couple decades.

While the Congressman is low-ranked on most polls, at this point Duncan saw the race as still one predominantly based on name recognition, where candidates like Fred Thompson have an advantage. Once the campaign got more into issue mode, Hunter thought he’d start moving up the ladder. To that end, beginning next week Duncan would start buying TV time in key states - one thing that surprised me was how inexpensive commercial time is in certain early primary states ($100 for a spot on Fox News, as one example.) Also Hunter pointed out that these commercials would be featured on his website.

This was in response to the first question that was asked. I asked the second one addressed in the twenty-minute call. It was one I’d ask any Republican candidate given the situation here on the Eastern Shore: what policy do you feel is your best for attracting the conservative Democrats to our side to vote for you?

The Congressman likened the situation to that which attracted the Reagan Democrats in 1980, and it was about the same key issue - jobs. There’s pressure on good jobs in this country coming from two fronts - China cheating on its trade agreements as discussed above and illegal immigrants undercutting wages. Hunter gave an example of a drywall contractor who he met in Iowa that employs all American workers getting underbid constantly by unscrupulous contractors employing illegals. Further, Duncan claimed that the established Hispanic community in our country is dead-set against amnesty. I think he qualifies as an expert since he represents San Diego in Congress.

So I thought he gave me a good answer to my question. Then he went further into talking about his efforts to secure the border - Rep. Hunter wrote the law authorizing the double border fence to continue along the entirety of our Mexican border. This is a fence style that has cut smuggling 90% in the San Diego area where it exists now.


407 posted on 10/05/2007 10:59:02 AM PDT by Calpernia (Hunters Rangers - Raising the Bar of Integrity http://www.barofintegrity.us)
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To: dennisw

GM doesn’t buy plants. It builds them.


408 posted on 10/05/2007 10:59:56 AM PDT by 1rudeboy
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To: jpsb
Good, so called “free trade” is really just off shoring our manufacturing base to low wage, unregulated nations and then importing the products. Not at all good for our middle/working classes.

Typed by someone on a computer they could not have afforded 20 years ago, most likely with a house, car, television and amenities also out of reach when it was all manufactured here by union members.

Trade restrictionists, the "keep 'em poor" class warriors and labor unions love ya!

409 posted on 10/05/2007 11:01:54 AM PDT by VirginiaConstitutionalist (Socialized medicine kills.)
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To: VirginiaConstitutionalist

Don’t forget the use of the internet, probably the single greatest factor in the process of globalization (using any definition).


410 posted on 10/05/2007 11:04:58 AM PDT by 1rudeboy
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To: 1rudeboy
We're coming off one of the strongest (if not the strongest) years ever for our domestic steel industry . . . dennis might be surprised to hear that one of the reasons is the weak dollar.

US steel is a shadow of what it once was. My father was in manufacturing. He visited steel plants that supplied his business. In my hand I have a lovely stainless ruler from Republic Steel Corporation with general offices at Cleveland 1, Ohio. No zip code. This dates from when US steel was a monster. You don't know wtf you're talking about

And it's a 16" ruler, not 12"

411 posted on 10/05/2007 11:05:02 AM PDT by dennisw (France needs a new kind of immigrant — one who is "selected, not endured" - Nicholas Sarkozy)
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To: Calpernia; dennisw
A key factor in his reception among Michiganders was his tough stance on trade, vowing to stop allowing China to “cheat” on our existing trade agreements and devaluing its currency.

It's bad for America when China's currency is too low? It's bad for America when the dollar is too low? I'm noticing a contradiction here. Maybe you guys can clear it up for me?

412 posted on 10/05/2007 11:05:47 AM PDT by Toddsterpatriot (Ignorance of the laws of economics is no excuse.)
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To: dennisw

More empirical data buried my a mountain of anecdotal evidence.


413 posted on 10/05/2007 11:06:22 AM PDT by 1rudeboy
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To: 1rudeboy
GM doesn’t buy plants. It builds them.

Correct and if GM builds one in China they have to take a "connected" Chinese partner and agree to technology transfers. Of course that means technology transfers in addition to the outright theft of technology that the Chinese will engage in

414 posted on 10/05/2007 11:08:53 AM PDT by dennisw (France needs a new kind of immigrant — one who is "selected, not endured" - Nicholas Sarkozy)
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To: Calpernia

Free trade/fair trade with countries like China is just one issue where Duncan Hunter is head and shoulders above the other candidates. The only thing they can do is mimic Duncan, he owns the issue and his history proves it.


415 posted on 10/05/2007 11:08:54 AM PDT by upsdriver (DUNCAN HUNTER FOR PRESIDENT!!!!)
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To: Toddsterpatriot

I’ve no idea what you are talking about from the exert you pinged me to.

And, even if I did follow you, I wouldn’t answer you because I think you are dirtier than slug slime.

:)


416 posted on 10/05/2007 11:09:44 AM PDT by Calpernia (Hunters Rangers - Raising the Bar of Integrity http://www.barofintegrity.us)
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To: VirginiaConstitutionalist

Had a computer (x86) 20 years ago. And a color TV, VCR, car, sterio, etc, no house yet still renting. Want to try again?


417 posted on 10/05/2007 11:10:18 AM PDT by jpsb
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To: dennisw

Sounds like we need a free trade agreement with China. I’m not in favor of one, however, and you shouldn’t be either.


418 posted on 10/05/2007 11:10:44 AM PDT by 1rudeboy
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To: upsdriver

>>>The only thing they can do is mimic Duncan...

I’ve seen his words coined and not attributed already.


419 posted on 10/05/2007 11:11:02 AM PDT by Calpernia (Hunters Rangers - Raising the Bar of Integrity http://www.barofintegrity.us)
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To: Calpernia
I’ve no idea what you are talking about from the exert you pinged me to.

Hunter thinks it's bad for America that the Chinese currency is too low. Do you agree?

Don't bother to answer, you're not bright enough.

420 posted on 10/05/2007 11:12:11 AM PDT by Toddsterpatriot (Ignorance of the laws of economics is no excuse.)
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