A Quote by Ilana Mercer
Chinese mercantilism is not free trade, but it is far better than American militarism.
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We are already well down the road toward a managed-trade regime. It would be far better to acknowledge that reality, and seek a set of reasonable rules, than to pretend that Ricardian trade is the norm and allow mercantilist states to overwhelm U.S. industry and ratchet down wages, in the name of free trade.
The far more likely Trump scenario is this: Chinese leaders realize they no longer have a weak leader in the White House; China ceases its unfair trade practices. America's massive trade deficit with China comes peacefully and prosperously back into balance, and both the U.S. and Chinese economies benefit from trade.
I know something about trade agreements. I was proud to help President Clinton pass the North American Free Trade Agreement in 1993 and create what is still the world's largest free-trade area, linking 426 million people and more than $12 trillion of goods and services.
Libertarianism, the political philosophy of rugged individualism, ought to hold a natural appeal to tolerant, anti-statist, free-trade conservatives who deplore the turn taken by the party of Abraham Lincoln toward racial prejudice, authoritarianism, and mercantilism.
I wish that Google would realize its own power in the cause of free speech. The debate has been often held about Google's role in acceding to the Chinese government's demands to censor search results. Google says that it is better to have a hampered internet than no internet at all. I believe that if the Chinese people were threatened with no Google, they might even rise up and demand free speech - free search and links - from their regime. Google lives and profits by free speech and must use its considerable power to become a better guardian of it.
I would like to believe that TPP will lead to more exports and jobs for the American people. But history shows that big trade agreements - from NAFTA to the Korea Free Trade Agreement - have resulted in fewer American jobs, lower wages, and a bigger trade deficit.
Unfair trade deals like the North American Free Trade Agreement eviscerated good-paying manufacturing jobs, putting more than 3 million U.S. workers out of work.
Free trade is the serial killer of American manufacturing and the Trojan Horse of world government. It is the primrose path to the loss of economic independence and national sovereignty. Free trade is a bright, shining lie.
I am all in favor of growing the American economy and engaging in trade with the world, but not at the expense of American workers. The North American Free Trade Agreement is a perfect example of this. Ask the textile workers of North Carolina how NAFTA worked out for them - if you can find any.
The pact creating a North American free-trade zone was President Bill Clinton's signature accomplishment; but NAFTA is also the bugaboo of union leaders, grassroots activists and Midwesterners who blame free trade for the factory closings they see in their hometowns.
No state is free from militarism, which is inherent in the very concept of the sovereign state. There are merely differences of degree in the militarism of states.
American products are better than the Chinese. We do a better job. We make better products. But because the currency is so low versus the dollar versus other things, and so much lower than it should be, it's very hard to compete for our companies.
Free-trade enthusiasts fret that regional trade arrangements divert more trade than they create.
The North American Free Trade Agreement marked a fundamental change in the global trade scheme.
The terrible trade deals that Bernie [Sanders] was so vehemently against - and he was right on that - will be taken care of, far better than anyone ever thought possible. That's what I do. We are going to have fantastic trade deals.
I love free trade. I love the concept of free trade. Everything about it is good. I went to the Wharton School of Finance. They say, Let's go free trade.
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