Stimulus Spending Takes Free Trade Agreements Hostage

President Obama says he wants to “double our exports over the next five years.” However, now he’s refusing to sign three important free trade agreements without extension of a stimulus program. This is counter-productive to his exports goal and bad policy.

Trade Adjustment Assistance provides a range of benefits to workers who lose their jobs due to foreign trade. However, as The Heritage Foundation’s James Sherk outlines, other programs already provide assistant to workers that lose their jobs and very few workers lose their jobs due to foreign trade.

Free trade agreements, on the other hand, are a no-cost way to improve the US economy and allow businesses to create jobs. In-depth analysis of the three pending free trade agreements, with South Korea, Columbia, and Panama, demonstrates resultant job creation and export increases.

Why saddle effective policy with ineffective spending increases?

 

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47 thoughts on “Stimulus Spending Takes Free Trade Agreements Hostage

      • I hope the Republicans stand-up abd refuse to raise the debt ceiling no matter what the Dems offer. They always renig anyway. In other words they cannot be trusted. So, don’t fall for their traps!

    • I think Obama is exercising a ploy…he plans to time any positive moves closer to the election, hoping that he can then slide into home. He’s deliberately letting the oil prices burden us without more drilling and will allow drilling right before the election…watch and see.

    • Absolutly, no more stimulis! The so called stimulis went strictly to pubic sector jobs and it was used to pay the back taxes they owed. How, may I ask, did this help the economy? Obama’s economic recovery plan is total destruction of our economy. Wake up America!

    • We need more jobs and jobs that will stay open, not fall into an immigrants hands either. My mother is 54 and has paid into unemployment for years without ever drawing off these benefits. Now as of this year she was laid off and went to draw on her paid into benefits. She CAN”T because of all the red tape and her not knowing how to use a computer. Whats wrong with this picture. She is looking into further training to learnhow to learn a computer and that is considered unacceptable, and its a program of theirs. They sent her paperwork late even postmarked as such, and cut her off due to this. Needless to say she has only recieved a month support while she has been out of work since Feb of this year. WAKE UP PEOPLE they take our money and give to people who shouldn’t get it. A guest worker works one season and the rest of the year draws unemployment when they should not be allowed to, they havent paid into it.

    • We need to get rid of all these Mexicans that are taking all the American jobs Obama is trying to get
      all of the Illegals in so they will vote for him are get this Country more screwed up than ever. We need to join together and stop this before it’s to late.
      Need you help!!!!!!!!!!!!!!!

  1. The president has his blinders on, and extremists with a hatred of America have his reins in their evil hands.
    LIVE FREE OR DIE

    • Hunter, unfortunatly, this president knows exactly what he is doing. The destruction of America is his plan and he has plenty of help by the media and those extremests. Why is America still sleeping is the question.

    • and that is the motto of New Hampshire or at least we used to display it on our license plates, which was 30 years ago.

  2. Once again an opportunity to improve our economy is overridden by; “Bigger Government”! The company I work for was just about on the verge of collapse then an order from an international client has caused our health to improve and the hiring of 10 additional workers plus contracts with outside sourcing partners who in return where also pulled from the brink and also added personnel . We need further opportunities and big government only causes problems not solutions. We need legislation like this, stand back Washington and allow us to make America great again!!

    • I must say that Big Gov’t is in every aspect of our lives. They give to those that will vote for them, whether they need/deserve the taxpayers money or not.

      We must get Gov’t out of our lives, including corporate walfare as well as social walfare. Do you realize that if we eliminated most of the tax loopholes/subsidies and allow for the free market to determine the winners and losers, then, we would all benefit greatly. 1st: We could lower the tax rates on all, especially the corporate tax rate (which is double taxation). We could put people to work doing something positive instead of paying people not to work, keeping OUR money to invest or save as we see fit.

      We have been living under entitlement systems that have incouraged people not to become productive parts of society. This has got to stop, even if the only thing some people can do is lick stamps.

      Our social/corporate walfare systems along with ungodly regulations that interfere with our decisions to create and start businesses instead of preventing new ideas entering the market place.

      SILENT NO MORE!

      • The government is intruding into every aspect of our lives. This isn’t our freedom, its theirs. This is The Land of The Free and home of the Brave. Our we brave enough to stand for our freedoms. I HOPE WE ARE!!!!!!

  3. It’s extreamly important for all of us to call a spade a spade by speaking out on the truth of the Obama agenda. We all must recognize that Obama is an accomplished liar, unequal to and other president to ever sit in the Oval Office. How much longer before we understand that Obama will say or do anything and everything to socialize America. The national news media will continue to cover, lie, and distort the truth to protect him. That is the one point that says it all and we must not hesitate to report it.

    • You are right, Lloyd, but it is even worse than you are reporting. Everything BHO does is calculated to weaken the USA or to strengthen the Muslim Brotherhood or both. He only promotes socialism because (1) socialist countries are weak and easily taken over by Muslims, and (2) by promoting socialism he can count on support from Democrats, socialists, and main stream media.

  4. I am sick and tired of all this Big Government crap, let the people decide what is good for us. Free Markets, Less Government interferrence and and keep our nation safe. Safety should be your #1 job. No illegals as it’s draining our economy and the POTUS is sure helping drain our wallets.

  5. Where are the politicians with the convictions to do what is right. This imposer in the office must be removed from office, or impeached for his many High Crimes committed.
    Instead the politicians are still afraid to counter the power of the MSM protecting this insidious man destroying America

  6. Obama does not run this Country he is a prop.Like the Presidents before him. Welcome folks to the New World Order! We do not own the Federal Reserve it is Owned by the Bank Of England, Goggle it Pea Brains.The Rothchild’s control the world. Want to really learn something that is not media control Alex Jones on you tube,Want to know about the true state of our economy You tube Gerald Celente. Goggle trendsresearch.These people are not part of the Government owned Government control puppets.Corporations & Wall Street Own this Country,We are now slaves Be nice to your masters.

  7. what you need to do is stop wasting tax dollars on bullshit and get the economey right its not rocket science the cost of living is higher than the pay scale get gas down trade those oil bandits food for oil 90% of there food comes from the us .stop the congressman from getting a kickback from opec and the other companies on our dime

  8. I believ if the Republicans in the house care for Our Country they need to stand up to Obama after all he is no one to be afraid of he is just another Illegal Muslum that got into Our White House……I truely believe the GOP has the skills to stop him on alot of things if they truely want Our Country back……DO NOT RAISE THE LIMIT ON THE DEBT…………..

  9. This kind of behavior by Obama and his liberal supporters is by now old news. They are all lying and putting the self and party before Country. With all the violations of the constitution, their agenda and actions point to the will to destroy this country. It is time that charges are brought against Obama and the democratic leadership for treason, failure to protect and defend the Constitution, to uphold their oath of office and for being complicit with subversive elements. The USA was founded as a Christian nation, with values and principles that must take precedent above all others that are allowed equal freedom under the laws of the land.
    No other law shall stand in our courts and this is a sovereign nation and must remain so.

    • AMEN!-P.S. Remember the saying? Too big to handle. Corporations and the government have gotten so large that they have lost all sense of human decency and interest. And they have lost control of our budget.

  10. Mr. President, your failed policies of creating jobs continues to drive us down the road to socialism which it is obvious the american people do not want to go–witness the elections of November 2010. Leadership from your office is long overdue, I urge you to do what is right for america and get your government control of our economy out of the way so capitalism can restore our greatness. Sign this free trade agreement that is plending so we can start to create jobs by putting americans back to work–at least those who still have a work ethic that hasn’t been crippled by our social welfare programs.

  11. Any independent thinker who follows ALL the news
    reports and sifts the truths from all of them, will be
    able to connect the dots and determine that Obama
    is not an America-loving president, not one who seeks what is BEST for our country. He disrespects
    out Constitutiuon, our Flag, our National Anthem, our
    Pledge of Allegiance – and EVERY American citizen.
    He is nothing but a puppet on a string which is totally
    controlled by George Soros and the Rothschilds of
    England. I had applauded Donald Trump’s standing
    up to the Obama Farce. Can anyone send me an
    e-mail address for Mr. Trump? I would like to write
    to him – only encouragement and sincere thanks,
    I promise. And, finally, I ask: “Are there not enough
    brave congressmen who SHOULD be standing up
    to Obama and his disreputable party of “Massahs”
    who want to enslave America all over again, who could come together and stop the dreadful corrupt
    actions being perpetrated upon America?” If those
    elected to office by the American people they serve
    can not do their jobs correctly and immediately, I
    believe they should be fearful of the 2012 elections,
    WITH JUST CAUSE. And I respectfuly plead with
    Americans to read the voting results to KNOW how
    their representatives have voted on things. Only
    when voters are informed on such matters, can we
    make logical decisions and vote accordingly. Also, I
    happily applaud those representatives whom I KNOW
    have voted in responsible manners to benefit those
    of us whom they serve in Congress. Thoughtfully and
    sincerely, I offer my thoughts.

  12. I believe the only solution, is to Run Obama & about 90% of the politicians out of the country. Government is a business & they have proven time & time again,that they don’t know how to run a business. TOO CORRUPT !

  13. DON’T WE THE PROPLE HAVE ANY RIGHTS LEFT? WHERE ARE THE “LAWMAKERS” THAT WE ELECTED TO PROTECT OUR INTERESTS AND LOOK AFTER THE COMMON GOOD? HAVE THEY ALL GONE ON VACATION TO SOME OTHER PLANET WHILE THIS TIN-POT DICTATOR, IN A PRESIDENT’S SUIT DESTROYS THE NATION?

    I WOULD BELIEVE THE OBVIOUS DICTATORIAL AND SELF-CENTERED ACTIONS OF THIS CREATURE AT 1600 WOULD GIVE A “WAKE-UP-CALL” TO EVERY AMERICAN CITIZEN, IN OR OUT OF GOVERNMENT…THIS CREEP MEANS THIS NATION “NO GOOD”, HE MEANS TO DESTROY US…SO WHY IS HE STILL THERE…IT’S NOT A QUESTION, IT’S AN AFFIRMATION!

  14. WOW ! —

    Well everybody can clearly see that we’re in big trouble here as long as we allow this clandestine “president” to destroy us from inside the White House.

    So what ARE we gonna do about it ?

    CLEARLY we can’t just sit back & wait another 522 days for the next election cycle. And even THEN, we can’t be assured that the Matata Head wouldn’t just be propped up for ANOTHER 4 years of dictatorial plundering.
    I hate to have to sound like an anarchist, but something’s gotta give folks. And SOON !

    Repeal, Replace, Invigorate !
    IMPEACH the Hacuna Matata NOW !

  15. If obama and his band of ( you supply word ) are still there after 2012 election I hope you have a place to call home.

  16. WHEN WILL CONGRESSMAN & SENATORS STOP MAKING THEMSELVES EXEMPT TO THE LAWS THEY PASS ? LETS STOP ALL THESE LARGE PENSIONS THEY & ALL GOVERMENT EMPLOYEES ARE GETTING & PUT THEM TO OUR EQUAL ( ON SOCIAL SECURITY )WE ARE CURRENTLY PAYING FOR ( 7 ) SEVEN PRESIDENTS FULL SALARY I KNOW OF NO LARGE CORPORATION OR BUSINESS WHO PAY FULL SALARIES FOR THEIR PAST PRESIDENTS IT SHOULD BE AN HONOR TO SERVE ONES COUNTRY & IT SHOULD NOT BE A CARRER JOB WE NEED TERM LIMITS ! BOTH REPULICANS & DEMOCRATS ALIKE WANT TO LOWER OUR NATIONAL DEBT BUT BY ONLY 4 TO 6 TRILLION ! WE ARE @ 14.3 TRILLION 14.3 TRILLION & BY NOV. 2012 ACCORDING TO THE BUGET OFFICE 16 TRILLION WE SHOULD CUT 16 TRILLION IN TEN yrs NOT 4 OR 6 .SOCIAL SECURITY WAS FINE UNTILL OUR ELECTED OFFICIAL STOLE OUR $$$$$$$$ AND NEVER REPLACED IT . THE ANSWER IS NOT TO INCREASE THE RETIREMENT AGE MANY SENIORS ARE RETIREING @ 62 THE ARE TIRED OF WORKING 8,10, & 12 hrs A DAY ON CONCRETE FLOORS ON CONSTRUCTION SITES ect.. IF WO DO NEED MORE MONEY LETS CUT ALL TAX LOOP HOLES & HAVE A FAIR LEVEL TAX IF WENEED TO INCREASE SOCIAL SECURITY TAX LETS INCREASE IT ITS NEVER BEEN INCREASED AS FAR AS I KNOW & there isnt ( 1 ) son or daughter that would mind paying a little more to asure themselves that their mom or dad continue receiveing their social security pensions as well that it will be there for them & their childreen !!!!! WE ALL WANT MORE FOR OUR CHILDREN THAN WE HAD OUR PARENTS WANTED MORE FOR US & OUR GRAND CHILDREN WILL WANT MORE FOR THEIR CHILDREN !! IF WE NEED TO PAY A LITTLE MORE SO BE IT BUT WE MUST PASS A LAW OR CONSTTUTIONAL AMENDMENT OR SOMETHING THAT THE SOCIAL SECURITY WILL NEVER BE USED AGAIN BY THE CROOKS WE ELECTED TO SERVE US !!!!!!

  17. everything he has done is setting us up for government rule!!! If that happens we might be nothing more than a kingdom. Serving the government as slaves. And what gets me is people are already voting for things that take our freedoms and give them to the government. EX. California is already our first socialistic state. You have to watch out what you do. You could break the law and wind up in jail easy. And every time I turn around I hear they are coming up with a new law taking more rights away from the citizens. The only laws we need should start in the home. “Teaching our children responsibility. And about the consequences of doing wrong. But the government says they can take your children away if you punish them. My parents punished me severely sometimes. And I love them very much for it. But I knew they also loved me. The US should not get away from the system that set us apart from the rest of the world and helped us come up with some of the greatest inventions to mankind. EX. computers!-Mass production. And many more so that someone could live the American dream!! No other country can say the same.

  18. There is no way free trade agreements are beneficial to the U.S job market, or economy. Every person employed by a U.S. owned corporation in China or Mexico adds up to 1 job less in this country.
    The truth is Obama is right to tie a stimulus to free trade, because we will need more borrowed money to support the infrastructure structure jobs necessary to offset the job losses in this country.

  19. From the minute he set foot in Washington, D.C., OBAST*RD has cost the American taxpayers TRILLIONS to support his “cockamaymee” power grabs, bailouts, buyouts and BULLSH*T!! The man is a CHRONIC PATHOLOGICAL LIAR (with or without his teleprompter) and the liberal left mainstream media condones his CRIMES by LYING to the American people and looking the other way!! : (
    He has spit on and shown disrespect for every American citizen’s right to safety with his stance on open borders and illegal immigrants (otherwise known as “Undocumented Democrats”)!! This SCUMBAG will risk your family’s safety and the very future of this country for a vote, ANY vote!)!!
    He has alienated and ridiculed our US veterans and military, embarassed us around the world with his IGNORANCE of protocol and World affairs and trampled all over the US Constitution,( which he has taken an oath to uphold), has passed a COMMUNISTIC unconstitutioinal “Healthcare” law (aka major power grab!) which will cost the American people TRILLIONS more to REPEAL and now has declared war without Congress’ approval!!

    How much more are we going to let this PINHEADED MORON get away with?? Are we going to allow this IDIOT to totally destroy our country in only 4 years after 235 years of fighting for freedom, progress, scientific discoveries and advancements making the USA the most envied and powerful democracy and country in the world?

    I say IMPEACH and IMPRISON OBAST*RD for his CRIMES against the American people before he can run again!! We cannot endure, nor will we SURVIVE, 4 more years of his EGOTISTICAL,
    CORRUPT GANGSTER GOVERNMENT, ANTI-AMERICAN, SOCIALIST AGENDA!! The fact is he has done NOTHING to create jobs or improve the economic recession!! He wants us dependent on his BIG GOVERNMENT and is slowly turning the USA into a third world country!!
    A vote AGAINST Obama is a vote FOR freedom and liberty! ANYBODY BUT OBAMA IN 2012!!

  20. Stand up and speak out, write your congressman, vote for constitution based representatives, talk to your children about freedom and what it means, work in your community, speak out while you still can. Don’t be silent as they were in Germany before their takeover by Hitler which resembles all that is happening in our country. Stand up. Stand up and speak out in any way you can.

  21. unions make wages so high its hard to do honest busness but we sure dont need to raise the det limit and go father in the hole but we will and there will be less God in the country

  22. Mias Mom,
    You hit a home run and at this point in time,I can`t understand how and why the American people
    are still sleeping. Do they not care or are they just
    to dumb to understand what Obama and his
    Marxist friends are doing to this country. I can understand the poor,who did not prepare themselves for the work force we have to-day and
    the seniors who did nothing to prepare for their
    retirement. These people are all looking for freebies and Obama is willing to give it to them.
    This is his way of getting the vote and having
    complete control over the people. He does the same thing with imagration and gives the illigals
    whatever the want. He makes it easy for them
    by keeping the borders open and once they are here gives them more freebies to keep them here.
    He fights every state that trys to enforce our imagration laws and is trying like hell to bring
    America to it`s knees. Why is there a large portion
    of educated people, that can`t see what he is doing?
    Don`t they believe what he said, I will transform
    America and spread the wealth. I do believe the 2012 election will be our last if Obama is elected.
    I believe this will be the first step to one world rule
    with Obama thinking he will be head of it. I think
    Obama is wrong in thinking this and he is nothing
    but the point man. Once the transformation of America is complete, he and his thugs, will be thrown on top of the trash pile along with the other
    world leaders that are bringing their countries down. If you are going to have a one world goverment, I think you have to ask the Rothachilds
    of England who will run it. This is a well planed
    plan by a few people, that are very good at what they are doing.

  23. The words of Winston Churchwill. If you believe
    this like I do. Please pass it on whenever you have
    a chance >>> Socialism is a PHILOSOPHY of
    FAILURE, the CREED of IGORANCE and the
    GOSPEL of ENVY. It`s INHERENT VIRTUE is the
    EQUAL SHARING of MISERY. Please send this to your Congressman and post it on any other blogs
    you are on. Send it to Dems as well as Repubs.

  24. Those who do not heed history are doomed to repeat it.
    Hey dumbo the 1st one didn’t work,quit throwing our money around like confetti.

  25. Lee,
    You are right, Obama does not run this country.
    The adverage person on the street knows nothing
    about our goverment and who runs it. You are right, the Rothschilds, Jacob and his son Anthony,
    run most of what goes on in the Western world.
    They are the two at the top of the heap and who
    George Soros answers to. Also, I don`t know if you knew that our Federal Reserve Chairman, ( Ben
    Bernanke ) is a counsin of the Rothschilds.I doubt
    95% of the voters know who these people are and
    let alone anything about them. If they did, they would run Obama and his Marxist friends out of
    town.

  26. FREE TRADE helps to destroy more American jobs. Producers go to other countries, get the work done with slavery type cheap labor and than sell it back to us. Balanced Trade is whats needed!

    Balanced trade is an alternative economic model to free trade. Under balanced trade nations are required to provide a fairly even reciprocal trade pattern; they cannot run large trade deficits.

    The concept of Balanced Trade arises from an essay by Michael McKeever Sr. of the McKeever Institute of Economic Policy Analysis. According to the essay, “BT is a simple concept which says that a country should import only as much as it exports so that trade and money flows are balanced. A country can balance its trade either on a trading partner basis in which total money flows between two countries are equalized or it can balance the overall trade and money flows so that a trade deficit with one country is balanced by a trade surplus with another country.”

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