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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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To: chimera

Thanks. No problem. Much appreciated


461 posted on 10/05/2007 1:54:30 PM PDT by dennisw (France needs a new kind of immigrant — one who is "selected, not endured" - Nicholas Sarkozy)
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To: chimera

Thanks. No problem. Much appreciated


462 posted on 10/05/2007 1:54:53 PM PDT by dennisw (France needs a new kind of immigrant — one who is "selected, not endured" - Nicholas Sarkozy)
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Comment #463 Removed by Moderator

To: 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.<<

Economists around the world are worried about the coming wave of U.S. protectionism.


464 posted on 10/05/2007 1:57:23 PM PDT by gondramB (Preach the Gospel at all times, and when necessary, use words.)
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To: dennisw

OK, thank you for the understanding. Taking the Oath sometimes limits what you can publicly discuss.


465 posted on 10/05/2007 1:58:32 PM PDT by chimera
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To: editor-surveyor

That’s funny!


466 posted on 10/05/2007 2:20:07 PM PDT by Toddsterpatriot (Ignorance of the laws of economics is no excuse.)
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To: 1rudeboy

We need more government control of the economy, because the protectionists say so.


467 posted on 10/05/2007 2:20:09 PM PDT by Toddsterpatriot (Ignorance of the laws of economics is no excuse.)
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To: dennisw
You invest in foreign currencies because you believe the USD will sink due to our humongous trade deficits.

I don't invest in foreign currencies. I invest in stocks whose earnings are in foreign currencies. I invest in them because I think the company or the country is a good place to invest.

I don't support free trade because I think it will make the dollar decline.

Or perhaps you have another reason why you think the USD will keep going down

I don't know if the dollar will go up or down. I will benefit if it goes up. I will benefit if it goes down.

468 posted on 10/05/2007 2:34:25 PM PDT by Toddsterpatriot (Ignorance of the laws of economics is no excuse.)
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To: Toddsterpatriot

“I don’t support free trade because I think it will make the dollar decline.”

Yea!!! You finally just came out and said it ;) lol


469 posted on 10/05/2007 2:46:31 PM PDT by jedward (I'm not sure you meant, what I understand...or maybe you did.)
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To: 1rudeboy

Though, possibly out of context, you have to see this (lol) :)


470 posted on 10/05/2007 2:50:13 PM PDT by jedward (I'm not sure you meant, what I understand...or maybe you did.)
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To: jedward

Wow. Completely, decisively, and surgically ambiguous. :)


471 posted on 10/05/2007 2:54:07 PM PDT by 1rudeboy
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To: 1rudeboy

lmao!!!


472 posted on 10/05/2007 3:05:20 PM PDT by jedward (I'm not sure you meant, what I understand...or maybe you did.)
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To: SJackson

Great Post

But, all tin foil aside - the NWO is behind this slow destruction of the American Middle Class


473 posted on 10/05/2007 3:09:36 PM PDT by Halgr (Once a Marine, always a Marine - Semper Fi)
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To: jedward

Said what?


474 posted on 10/05/2007 3:11:34 PM PDT by Toddsterpatriot (Ignorance of the laws of economics is no excuse.)
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To: jedward
You got that right.

My support for free trade is not based on the incorrect belief that free trade will cause the dollar to drop.

475 posted on 10/05/2007 3:11:40 PM PDT by Toddsterpatriot (Ignorance of the laws of economics is no excuse.)
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To: Toddsterpatriot

Easy there tiger cub :)


476 posted on 10/05/2007 3:13:06 PM PDT by jedward (I'm not sure you meant, what I understand...or maybe you did.)
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To: 1rudeboy
We could mine all the rare earth magnets in the United States we want, but the enviros shut down the mines.

And you don't see any connections there? The Watermelon enviros, green on the outside and red on the inside are actually usually hard-core with the entire ongoing communist program. There are few coincidences.

Look how often their "environmental" croneys in the Congress are enlisted to shut down, limit or constrain defense program operations...on environmental grounds.

Whining about the Chinese won't open them again.

Actually, if the White House understood that it was a vital strategic supply that it had negligently allowed to be misclassified and mis-administered, and lost to a truly strategic enemy, in the CFIUS process, and hence created a serious strategic vulnerability [...E.g., can you say "cruise missile"?!] things would, or should be drastically changed as to the Unocal rare earth holdings in California.

No coincidence there that the Chicoms tried to snap up Unocal either. Total monopolization.

Why are you guys so myopic?

You are projecting again, I see.

Matthew 7

1. Judge not, that ye be not judged.

2. For with what judgment ye judge, ye shall be judged: and with what measure ye mete, it shall be measured to you again.

3. And why beholdest thou the mote that is in thy brother's eye, but considerest not the beam that is in thine own eye?

4. Or how wilt thou say to thy brother, Let me pull out the mote out of thine eye; and, behold, a beam is in thine own eye?

5. Thou hypocrite, first cast out the beam out of thine own eye; and then shalt thou see clearly to cast out the mote out of thy brother's eye.


477 posted on 10/05/2007 3:26:53 PM PDT by Paul Ross (Ronald Reagan-1987:"We are always willing to be trade partners but never trade patsies.")
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To: Toddsterpatriot

You like the idea that the US surrendered its sovereignty to a group of globalist bureacrats? That is beyond stupid. We are perfectly capable of making bilateral or trilateral or quadlateral agreements with the nations we choose to do business with, without creating supra-national entities that have authority over our decisions.


478 posted on 10/05/2007 3:27:14 PM PDT by pissant (Duncan Hunter: Warrior, Statesman, Conservative)
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To: Toddsterpatriot
I will benefit if it goes down.

All the more proof of your disconnect from the reality of life. Your "benefit" must be pretty sizeable if it is to eclipse the most immediate impact upon the average American buying foreign fuels. A serious dollar decline risks OPEC de-coupling.

And that positioning of your investments is unique to you, and a select few hedge fund traders...and of no possible use to the overwhelming majority of Americans.

Your elitist disconnect disqualifies you from having any legitimate thesis.

479 posted on 10/05/2007 3:36:57 PM PDT by Paul Ross (Ronald Reagan-1987:"We are always willing to be trade partners but never trade patsies.")
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To: businessprofessor

Higher education today requires personal contact with professors either in the classroom, office hours, or online interaction.
***No, it does not. When I was in college, the professers were the linkest link in education. It was obvious to everyone involved that they preferred to go back into the lab and do their research. They were difficult to understand and put no effort into educating the engineering students. Teacher’s Assistants did most of the work for very little pay. Most of the classes I was in could have been taught by a videotaped lecturer/professor with class-level assignments and interactions coached by cheap Teachers’ assistants.

Today’s model of learning by going to a lecture is passe. The upcoming model will be: the lecture is videotaped and viewed beforehand, and the students show up for the class to ask questions about the lecture and the homework (which is further videotaped for future students). Most students “prefer” the old method, but if the cost differential were significant enough, there would be a mass migration to the new model. A disruptive technology in this space would trigger that migration.


480 posted on 10/05/2007 3:40:24 PM PDT by Kevmo (We should withdraw from Iraq — via Tehran. And Duncan Hunter is just the man to get that job done.)
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