Comparison of United States Presidential Candidates, 2008 - Economic Issues - Trade


Further information: Free trade and United States free trade agreements
John McCain Barack Obama
McCain is a strong proponent of free trade. He supports the North American Free Trade Agreement (NAFTA), the existing General Agreement on Tariffs and Trade, and U.S. participation in the World Trade Organization (WTO). He opposes including labor and environmental conditions to trade agreements. Obama supports expanding trade only if the United States' trade partners place labor and environmental standards on their industries to "level the playing field" for American interests. If elected President, Obama plans to renegotiate NAFTA to include stricter labor and environmental standards for Canada and Mexico. He has criticized the current agreement for not including such standards, and he also voted against and criticized the Central America Free Trade Agreement (CAFTA) for similar reasons.
Chuck Baldwin Bob Barr Cynthia McKinney Ralph Nader
Baldwin would lead the US out of the North American and the Central America Free Trade Agreements. He would impose a revenue tariff. Barr's campaign site states that America "should encourage private involvement around the world, particularly through free trade. The most effective way to preserve peace is through an expanding free market, backed by a full range of cultural and other private relationships". McKinney stresses enacting laws on US corporations to keep labor standards high at home and raise them abroad. She would repeal NAFTA (North American Free Trade Agreement), CAFTA, the Caribbean FTA, and US-Peru FTA. She opposes the guest-worker program as riddled with abuses; supports justice for immigrant workers, and immigrant reform that includes amnesty and a path to legalization for undocumented people who have been living and working in the US for years. Nader views NAFTA and the WTO as subverting national regulatory agencies. He blames them for diminishing standards of living (i.e. race to the bottom). Nader supports a constitutional amendment asserting the "sovereignty of people over the power of corporations."

Read more about this topic:  Comparison Of United States Presidential Candidates, 2008, Economic Issues

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Famous quotes containing the word trade:

    It passes, and we stay:

    A quality of loss
    Affecting our content,
    As trade had suddenly encroached
    Upon a sacrament.
    Emily Dickinson (1830–1886)

    If the world would only build temples to Machinery in the abstract then everything would be perfect. The painter and sculptor would have plenty to do, and could, in complete peace and suitably honoured, pursue their trade without further trouble.
    Wyndham Lewis (1882–1957)

    And trade is art, and art’s philosophy,
    In Paris.
    Elizabeth Barrett Browning (1806–1861)