Obama was always very populist. Lately, Clinton has joined him! (New Clinton economic message has echoes of Edwards) They are both sounding a lot like Edwards!
A couple of months ago, Clinton and Obama were arguing about who would get out of Iraq quicker. Now, they are fighting for the populist throne on economics.
It may be good for primary politics. (Democrats' Attacks On Business Heat Up)
They will regret it after the election. You can't bash business and keep investors happy!
The unions are blaming NAFTA for most of their problems. I guess that it's easier to blame NAFTA than to accept that unions have wrecked US industries, such as steel and the automobile.
Here is the problem: What are Obama and Clinton offering? Actually nothing!
As with Iraq, they are simply criticizing the current policy but offer few specifics.
For example, should we cancel NAFTA?
Is that what they are saying? Nobody knows!
Who is going to replace the booming export sector? Nobody knows! Today, exports are 11% of our GDP! That's huge! That's a lot of jobs!
Who is going to tell the Mexicans and Canadians that trade will be curtailed? Nobody knows!
All you get from Clinton and Obama are populist slogans. I would like to hear a serious policy position.
On our side, McCain has maintained that free trade is good for the US and our allies. However, he will face a loud Dem candidate and unions determined to overturn free trade agreements.
Is this good for the US? Not really!
Who should be worried? Let's start with Mexico!
Every Mexican should be very concerned about the populist nonsense coming out of Obama and Clinton.
US-Mexico trade is booming. It's good for both sides. (Free Trade Benefits All)
How is Mexico going to benefit from a US president who puts protectionism on top of the agenda? Mexico won't!