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Thursday, October 28, 2010

Free Trade

Issues of trade are a big part of politics. They are especially important in the world today with all the countries of the world doing there best to operate. In the United States, citizens however are opposing free trade more than ever. To help ease the people's minds the democrats are running against free trade this fall. This is good so that American goods get protected and have a better chance when competing with foreign goods. Free trade is good for the fact that it eliminates taxes on imports and that way other countries don't tax the goods that we send to them. It is bad also because it doesn't give the same protections on American made goods that governmental programs provide. Even tough most of the public is opposed to free trade the White House shows no interest in the issue.
Two days after the mid-term elections Obama is going to finish talks about supposedly forming a free trade agreement with South Korea. He will be in Seoul discussing free trade. Democrats oppose this and when it comes to getting this agreement though congress most democrats are expected to vote it down. This is going to be an extremely difficult task for the Obama administration. When Obama campaigned for president he did it as a free trade skeptic much like previous president Bill Clinton, but unlike him Obama hasn't changed the unions or other progressive groups that claim trade pacts lower labor and environmental standards.
I do not agree with the idea of free trade because I believe in the protection of American goods. The government does a good job of accomplishing this protection through taxes, tariffs, legislation, and quotas. I think that Obama is using the free trade issue with South Korea to further relations. The only good I see that comes out of free trade is true supply and demand. it would make for a fair system of trade. Even though most people in our countryy are opposed to these ideas I feel they should give it a chance. A unified free trade sytem would be the most ideal.

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