…unless they aren’t potential voters.
MEDELLIN, Colombia — At the CI Jeans factory, where 3,900 people make their livings turning bolts of denim into trousers bound for the United States, the American market — land of the customer — appears to be slipping away.
. . .Yesterday, the Bush administration signed the proposed deal, but leading Democrats promptly attacked it, underscoring growing doubts in Washington that Congress will approve the pact. Here in Colombia and next door in Peru, which awaits congressional approval for its own trade treaty, anxiety runs high.
. . .Addressing fears that too many jobs are being sacrificed at home, the new Democratic leadership wants to slow the worldwide effort, which the United States has led since 1947, to lower import tariffs that hinder trade.
The fortunes of Colombia and Peru — home to more than 72 million people — may hang in the balance. So, too, might the nature of American engagement with Latin America, regional experts say. The rejection of trade pacts with these countries would humiliate their leaders at a time when they stand as bulwarks against the anti-American populism pressed by Venezuela’s president, Hugo Chavez.
We can’t tarrif away the competition.
The resurgence of American populism, particularly that of trade protectionism, is disturbing. What’s worse, it’s manifesting itself on both sides of the political spectrum. At the heart of the matter is whether we believe trade and economic cooperation is good, or whether we believe that it’s somehow dirty or harmful. Those on the left, who are inclined toward socialism or otherwise antagonistic towards free markets, are going to be natural adversaries to free trade, and often trot out globalization as their all-purpose boogeyman.
Many on the right are now turning towards protectionism as well. Upset over our open borders, many are being swayed by the Buchananite protectionists, who atleast offer serious border control. But we can’t hide from the global economy. We can’t tarrif away the competition. Nor should we want to.
The left demands we spend billions on foreign aid to third world countries - which accomplishes nothing but the perpetuation of dependence - yet they work tirelessly to prevent that which could actually help both them and us, free trade.
Not convinced? Milton Friedman made the case for free trade better than I can. Spreading capitalism also has the very nice side effect of promoting peace. On a side note, I suspect that if you tried telling a leftist that globalization will contribute to world peace his head would simply explode.