Surefire Ways To Revive The Economy

by Pejman Yousefzadeh on June 12, 2009

Revive free trade. And in doing so, make especially sure to get the U.S.-Colombia Free Trade Agreement ratified.

There is no reason not to. The purpose of the agreement is to open Colombia’s markets for American products. Our markets are already open to Colombian products, which is why stalling on ratification of the agreement only serves to harm us, not the Colombians (why we would want to harm the Colombians in the first place is beyond me, of course). Colombia welcomes organized labor, and violence has plummeted. And opening up free trade will capture the respect and affection of the Colombian people–something I thought that the Obama Administration would have been interested in doing earlier.

If we wait on ratifying the agreement, we will only serve to shoot ourselves in the foot. So, why wait? Does the Obama Administration somehow think that prosperity through free trade is illegitimate?

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