July 3, 2010

JUST LIKE BILL:

Democrats uneasy on US-SKorea deal (FOSTER KLUG, 07/03/2010, AP)

Democratic worries about South Korean restrictions on auto and beef trade sank the agreement after the Bush administration and Seoul signed it three years ago.

It now has Obama’s support, but his party still shows little enthusiasm ahead of November’s congressional elections. Labor unions and other core Democratic supporters say foreign trade agreements steal American jobs.

That puts Obama in the unusual position of relying on help from Republicans, who have opposed in near-perfect unison his biggest initiatives, including his overhauls of health care and financial regulations.

Republicans traditionally favor foreign trade deals more than Democrats do, and they are lining up behind Obama’s push to settle a pact that the White House says could boost exports of American products by $10 billion a year. It would be the largest U.S. trade deal since a 1994 agreement with Canada and Mexico.


The only worthwhile things Bill Clinton did in office were likewise with Republican help: GATT, NAFTA, & Welfare Reform.

Posted by Orrin Judd at July 3, 2010 7:25 AM
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