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Politics : HOWARD DEAN -THE NEXT PRESIDENT? -- Ignore unavailable to you. Want to Upgrade?


To: Ann Corrigan who wrote (2597)1/28/2004 7:11:58 PM
From: Lizzie Tudor  Read Replies (1) | Respond to of 3079
 
Cato institute looks like yet another far right thinktank that advocates unrestricted free trade.

You know what I can't believe, that these guys from Cato or wherever would go on and defend these idealistic theories **now** when actual practice proves many of their assumptions false, just like that US industry council says.

The idea behind free trade was *NOT* that the US was supposed to have a multi billion dollar trade deficit with third world countries, and that those same countries would stay mired in poverty even with the infusion of dollars. Free trade was supposed to "lift the entire world up". Well, just like I heard on NPR, the Nafta Maquilladora towns like Juarez are places of unspeakable poverty and crime and nothing much has improved for the people there in 10 years.

A lot of these nations where US trade dollars go have corrupt governments that squander all the wealth anyway.