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Topic: Free Trade A Growth Tonic
For The Austerity Blues |
Free Trade A Growth Tonic
For The Austerity Blues
Investor´s Business Daily, by Editorial
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Original Article
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Posted By:PageTurner, 12/12/2012 10:40:49 AM
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| Trade: In an era of massive government spending, it seems the only answer is "austerity." Living within one´s means is important, but it will fail without economic growth. Enter free trade. Will Obama take his big opportunities? In the coming year, a major U.S.-European commission is expected to recommend that the U.S. and Europe begin negotiating a free trade agreement immediately. If President Obama acts on it, it could be a big achievement, blunting the feeble growth that has characterized his era by adding a $200 billion shot in the arm to both sides.
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Comments:
Austerity never works without growth. All you get are Greek rioters, bawling about their lost benefits. Enter free trade. Will Obama´s union thug buddies let him?
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