What gives trade a bad name

... are statements like this from U.S. trade representative Susan Schwab:

“America’s economic future depends heavily on more free trade agreements like the one we are signing today with Korea,” Ms. Schwab said at a signing ceremony in Washington.

Does anyone really believe this?

Comments

[mohammad]

Susan Schwab is crazy.

[unarmed]

Fair enough. But do you think she can get away with saying something like "Yeah, this free trade agreement thingy with Korea is nice enough, but it's not like we were dying to sign it or anything. Actually, we didn't really need this at all, we're just sort of doing them a favor"?

[Silent Observer]

Yes, at least Grg Mankiw, Jagish B,not to mention Robert Lucas Jr. and Paul Romer.

[jb]

Yes, everyone who believes everything written in primitive beginner-level textbooks.

[erik]

Silent Observer needs to get his/her facts straight. Bhagwati, perhaps the leading opponent of FTAs, has also called the KORUS FTA a "Faustian bargain." http://blogs.ft.com/wolfforum/2007/04/a_koreanamerica.html

Leave Bhagwati off of the shame list.

[jose amarante]

One could probably reuse from Elisabeth Anscombe:
"I know that in one way such a speech does not deserve scrutiny; after all, it was just something to say on its occasion. And he had to say something. One must not suppose that one can glean anything a man actually thinks from what he says in such circumstances. "

[save_the_rustbelt]

Apparently enough economists and politicians believe so that they are willing to destroy blue collar America to prove their point.

[save_the_rustbelt]

Apparently enough economists and politicians believe so that they are willing to destroy blue collar America to prove their point.

[Ken Houghton]

Believe it? No. Fear for the world in which it were true for the U.S.? Yes. Be pleased for the Koreans? Absolutely.

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