OF COURSE CAPITALISM IS A PARTISAN ISSUE:

Free trade isn't free of partisan politics (Daniel P. Erikson and Eric Jacobstein, September 26, 2005, LA Times)

BITTER PARTISANSHIP is putting the United States' trade agenda in the Americas in serious jeopardy. Faced with dim prospects for a hemisphere-wide free trade area, the Bush administration has focused on strengthening trade ties with Latin America through the creation of smaller, regional pacts such as the Central American Free Trade Agreement, which was ratified by Congress earlier this year.

The next phase of this strategy encompasses the Andean countries of Colombia, Ecuador and Peru (with Bolivia participating as an observer). But to succeed, the White House must address the way the CAFTA vote crystallized deep divisions between Republicans and Democrats that threaten to undermine economic integration in the hemisphere.

The White House deservedly claims CAFTA as an important triumph, but the nature of the victory confirmed the near-total collapse of a bipartisan trade consensus in Washington. CAFTA was passed by Congress on July 27, but only after House Majority Leader Tom DeLay stayed up past midnight twisting arms to produce a 217-215 vote. More than 90% of Democrats united in opposition to CAFTA; only 15 broke ranks to support the agreement.

And the unions and Left ideologues who run the Party are going to work to defeat those 15.

Posted by Orrin Judd at September 26, 2005 8:36 AM