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Republican Shocker: Free Trade's Not So Good After All
CNBC ^ | 10-4-07 | John Harwood

Posted on 10/04/2007 7:07:18 AM PDT by SJackson

I've seen a lot of opinion polling, but my jaw dropped when I saw this result from our special NBC News-Wall Street Journal poll of Republicans in advance of next week's presidential candidate debate sponsored by CNBC, MSNBC and the WSJ. By a nearly two-to-one margin, Republican voters believe free trade is bad for the U.S. economy, a shift in opinion that mirrors Democratic views and suggests trade deals could face high hurdles under a new president.

Six in 10 Republicans in the poll agreed with a statement that free trade has been bad for the U.S. and said they would agree with a Republican candidate who favored tougher regulations to limit foreign imports. That represents a challenge for Republican candidates who generally echo Mr. Bush’s calls for continued trade expansion, and reflects a substantial shift in sentiment from eight years ago.

"It’s a lot harder to sell the free-trade message to Republicans," said Republican pollster Neil Newhouse, who conducts the Journal/NBC poll with Democratic counterpart Peter Hart.

(Excerpt) Read more at cnbc.com ...


TOPICS: Business/Economy; News/Current Events; Politics/Elections
KEYWORDS: china; duncanhunter; freetrade; nafta; trade
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1 posted on 10/04/2007 7:07:21 AM PDT by SJackson
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To: SJackson
Why is this happening? With voters provoked for years by such figures as Pat Buchanan and Ross Perot, "there’s been a steady erosion in Republican support for free trade," former Rep. Vin Weber, now an adviser to Republican presidential candidate Mitt Romney, told me yesterday.

Humor alert.

2 posted on 10/04/2007 7:12:29 AM PDT by facedown (Armed in the Heartland)
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To: SJackson

“By a nearly two-to-one margin, Republican voters believe free trade is bad for the U.S. economy, a shift in opinion that mirrors Democratic views and suggests trade deals could face high hurdles under a new president. “

Just an other example of why I say the beast will be our next president.

This poll clearly didn’t include a lot of freepers.


3 posted on 10/04/2007 7:13:09 AM PDT by brownsfan (America has "jumped the shark")
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To: SJackson

We wont have to worry about that either way if Canada, Mexico and the USA become the “North American Union”.

We will have those trans continental toll “Corridors” and a common monetary unit and everything will be just fine.


4 posted on 10/04/2007 7:13:36 AM PDT by Dudoight
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To: SJackson
According to the Economist Goolsbee:

"60 to 70 percent of the economy faces virtually no international competition." America's 18.5 million government employees have little to fear from free trade; neither do auto mechanics, dentists and many others."

He also notes:

"that all imports are only 16.7 percent of the U.S. economy and imports from China are a small portion of all imports. Those from China amount to 2.2 percent of the U.S. gross domestic product. Mexico, he says, is genuinely stressed by China, whose exported products "overlap" with nearly two-thirds of Mexico's. China's exports overlap with 5 percent to 10 percent of America's economy.
5 posted on 10/04/2007 7:13:47 AM PDT by Mikey_1962 (Liberals want equality of outcome not equality of opportunity.)
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To: SJackson
Good, so called “free trade” is really just off shoring our manufacturing base to low wage, unregulated nations and then importing the products. Not at all good for our middle/working classes.
6 posted on 10/04/2007 7:18:46 AM PDT by jpsb
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To: SJackson
Six in 10 Republicans in the poll agreed with a statement that free trade has been bad for the U.S. and said they would agree with a Republican candidate who favored tougher regulations to limit foreign imports.

Perhaps Duncan Hunter's views would be of interest to 6 in 10 Republicans.

7 posted on 10/04/2007 7:20:22 AM PDT by ClearCase_guy (The broken wall, the burning roof and tower. And Agamemnon dead.)
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To: SJackson

Free trade came to mean that the US would by and large open its markets while most of Asia did not.


8 posted on 10/04/2007 7:21:06 AM PDT by Last Dakotan
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To: SJackson
Why is this happening?

Because people, some of them Republicans, have no understanding of economics.

9 posted on 10/04/2007 7:22:29 AM PDT by xjcsa (Hillary Clinton is nothing more than Karl Marx with huge calves.)
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To: jpsb
Not at all good for our middle/working classes.

Because our middle/working classes don't benefit from inexpensive imports. Got it.

10 posted on 10/04/2007 7:22:57 AM PDT by Toddsterpatriot (Ignorance of the laws of economics is no excuse.)
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To: Mikey_1962

>> America’s 18.5 million government employees have little to fear from free trade; neither do auto mechanics, dentists

This maroon is an economist???

Building a vibrant economy on government employment, car repair, and dentistry is (shall we say) quite a challenge.


11 posted on 10/04/2007 7:22:59 AM PDT by Nervous Tick
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To: brownsfan

Why do you assume that freepers wouldn’t be involved in such a poll? Free trade is killing this nation. Fair trade could work but what is now passed off as free trade is a poison to this Democratic Republic.


12 posted on 10/04/2007 7:25:32 AM PDT by em2vn
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To: Nervous Tick

http://faculty.chicagogsb.edu/austan.goolsbee/website/

Goolsbee graduated from Yale and earned his doctorate from MIT before coming to the University of Chicago’s business school, which gave to public life a giant of conservatism, George Shultz. The university’s economics department has been adorned by the likes of Milton Friedman, George Stigler and Gary Becker, each a Nobel laureate, each a conservative by virtue of his inclination to expect more utility from markets than from government interventions therein.


13 posted on 10/04/2007 7:26:27 AM PDT by Mikey_1962 (Liberals want equality of outcome not equality of opportunity.)
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To: Toddsterpatriot

I’d rather buy a more expensive quality American made product than a cheap chicom made piece of crap that I have to replace every 6 months to a year when it breaks.

I remember when electric fans were made in the US, heck my dad still has some from back in the 60’s that still work. The cheap chinese made ones now die after about a year.


14 posted on 10/04/2007 7:26:41 AM PDT by hawkboy (Duncan Hunter '08!)
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To: Nervous Tick
Building a vibrant economy on government employment, car repair, and dentistry is (shall we say) quite a challenge.

Cuba have managed two out of three, and they have the best healthcare in the world.

15 posted on 10/04/2007 7:26:57 AM PDT by agere_contra
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To: ClearCase_guy
Exactly!

The "free trade" snake oil salesmen were NEVER talking about the "fair trade" espoused by Ronald Reagan!

Free trade has meant we buy cheap goods from you while you can price our goods out of reach for your citizens or refuse them altogether.

That ugly reality has resulted in closed factories, shuttered up store fronts on Main Street and large big box stores selling cheap goods from third world countries using slave labor or worse yet, poisoned dog and cat foods, toys containing high lead contents that we don't allow our manufacturers to use but mostly government regulations that strangle our manufacturing base while we make our enemies rich enough to be building up their military to challenge our military superiority one day.

16 posted on 10/04/2007 7:27:04 AM PDT by zerosix
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To: Last Dakotan

>> Free trade came to mean that the US would by and large open its markets while most of Asia did not.

You got it.

Overall, I’m an open-markets proponent, but they really have to be open... on BOTH sides.

One-sided “free markets” are just another case of “Dudley DoRight” (aka Uncle Sam) bending over in naive good faith, so the world to have their way with us.


17 posted on 10/04/2007 7:27:11 AM PDT by Nervous Tick
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To: SJackson

I don’t know why this dude is shocked. Maybe he has polls over several years for comparison, but NAFTA was opposed by almost two-thirds of Americans. But “trade” is a misnomer for what is actually happening because all these nations we have agreements with have few products to sell us. We’re simply trading American jobs and production facilities for cheap labor and lax regulation where products will be produced and shipped to the US. Our trade deficit is fast approaching a trillion dollars annually.

Maybe the American people are contemplating this “trade” philosophy where the only value is the cheapest production cost.


18 posted on 10/04/2007 7:27:24 AM PDT by Will88
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To: SJackson
It's disturbing to me that so many otherwise liberty-loving conservatives are keen on the idea that the government should control who I can buy and sell with.

As with most subject, it is ignorance which spawns fear. Too many do not understand the laws of economics, so they fear them instead. What makes prices go up and down is a mystery to them, so it's treated like voodoo.

Every, and I mean every, voter should carefully read Basic Economics by Thomas Sowell. This would go a long way toward shining the light of truth and reason on the subject of economics in voters' minds. Once the mechanisms of fixed economic reality are clearly understood, free trade is no longer the hideous monster it once appeared to be.

19 posted on 10/04/2007 7:29:21 AM PDT by TChris (Governments don't RAISE money; they TAKE it.)
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To: facedown
Why is this happening? With voters provoked for years by such figures as Pat Buchanan and Ross Perot, "there’s been a steady erosion in Republican support for free trade," former Rep. Vin Weber, now an adviser to Republican presidential candidate Mitt Romney, told me yesterday....Humor alert.

Determining what Republicans think by consulting non-Republicans. There's a lot of that going around.

20 posted on 10/04/2007 7:29:37 AM PDT by SJackson (isolationism never was, never will be acceptable response to[expansionist] tyrannical governments)
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