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  • Free Trade Faltering

    04/03/2007 9:22:51 PM PDT · by Kitten Festival · 48 replies · 857+ views
    IBD Editorials ^ | 3 April 2007 | Staff
    Commerce: An ill wind is blowing through America's stalled trade treaties. New calls for tariffs and misplaced xenophobia are finding a home in the Democrat-led Congress. All that's going to do is make us poorer. Even respected liberal economists like former Fed Vice Chairman Alan Blinder have started uttering nonsense against free trade, so there's no doubt a bad current of populist thought has taken hold. In Congress, the blight's the worst. Anti-free-trade Democrats like Charles Schumer of New York and Max Baucus of Montana, and Republicans like South Carolina's Sen. Lindsey Graham, are weighing in with encouraging Smoot-Hawley-like tariffs...