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Admit It: It's Victory
IBD Editorials ^ | October 12, 2011 | Editor

Posted on 10/12/2011 7:05:21 PM PDT by Kaslin

Leadership: The biggest free-trade pacts since NAFTA were passed by the House Wednesday night, with the Senate likely to follow. As a result, America will reap 250,000 jobs and $13 billion in exports. Where are the celebrations?

The strangest aspect of the passage of free trade treaties with Colombia, South Korea and Panama, with final votes taken after five long years, is the disconnect between the big economic gains expected for the U.S., and the reticence of congressional Democrats and the White House, both of which finally got something right on the economy.

As we went to press, the pacts had been passed by the House, with the Senate expected to vote soon. With bipartisanship like that, lawmakers should be cheering loudly for a true "jobs bill" that costs nothing.

Yet as a Democratic aide told Roll Call on Wednesday, "Republicans don't want to give the president a victory, Democrats are split and everyone is distracted."

Excuse us, but this is some of the best economic news in three years. It deserves a victory dance.

It's a fact these treaties will bring new orders for factories, save family farms, strengthen strategic alliances with countries well worth having as allies, and open up breathtaking new opportunities in fast-growing markets. It needs to be acknowledged.

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


TOPICS: Business/Economy; Editorial; Government
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To: Kaslin

This is a small piece of good news in an ocean of crud. But I’ll take it.


21 posted on 10/12/2011 11:32:25 PM PDT by SaxxonWoods (.....The days are long but the years are short.....)
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To: Kaslin

Obama had nothing to do with this. So everything good that happens is a “victory” for him and everything bad is tea party Republicans faults?


22 posted on 10/12/2011 11:51:36 PM PDT by Impy (Don't call me red.)
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To: Kaslin

Free trade bad, government job good.

Long live the revolution!


23 posted on 10/13/2011 5:44:44 AM PDT by ripley
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To: Kaslin
The biggest free-trade pacts since NAFTA were passed by the House Wednesday night, with the Senate likely to follow. As a result, America will reap 250,000 jobs and $13 billion in exports. Where are the celebrations?

Maybe we're waiting to see if this 'free trade pact' nets us the same kinds of 'benefits' that all other similar deals have over the past 30 years.

Who knows, maybe this time it'll be different.

24 posted on 10/13/2011 6:47:46 AM PDT by skeeter
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