Categorized | General Interest

So-Called “Free Trade” Rejected By The People

   No surprise, really, that this poll would show that most Americans oppose so-called "free trade":

(CNN) — As Sen. John McCain prepares to promote free trade during a high-profile trip to Colombia and Mexico, a poll out Tuesday suggests the issue may be a political hurdle as the general election campaign heats up.

 

Sen. John McCain’s free trade stance could pose a problem in November, according to a new poll.

 

According to the CNN/Opinion Research Corporation poll, 51 percent of Americans view foreign trade as a threat to the economy — the first time in a CNN poll that a majority of Americans report holding negative views on free trade.

 

That compares with only 35 percent of Americans who felt free trade posed a threat to the economy in 2000, and 48 percent who felt it was a threat in 2006.

 

Now, only four in 10 Americans say free trade presents an opportunity for economic growth, a sentiment that clearly makes the issue a challenge for McCain, especially in the crucial Rust Belt states most affected by the loss of manufacturing jobs over the last decade.

This actually does not come as a surprise. I’ve written before that Democrats won in 2006 in large part because of the trade issue and even Republicans have been rejecting so-called "free trade".

  We are finally looking at the possibility of the end of so-called "free trade", which is really a marketing phrase that obscures the reality that trade has been structured to simply protect corporate interests and promote trade based on one thing and one thing only–the search for the lowest wage possible.

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