Obama; Policies already scaring trading partners (NAFTA, Congress, salaries, polls)

[sanrene]

IBDeditorials.com: Editorials, Political Cartoons, and Polls from Investor's Business Daily -- Starting To Pay Price For Our Protectionism (http://www.ibdeditorials.com/IBDArticles.aspx?id=309394436809825 - broken link)

Our No. 1 trading partner, Canada, isn't stupid. When Obama threatened last February to rewrite the North American Free Trade Agreement on his own terms, our northern ally started looking abroad to other markets.

They found a big one in Europe, which seems to have few hang-ups about increasing exports and signing free-trade treaties. Last Friday, Canada and the European Union held the first talks toward an eventual free trade agreement between the two.

When this goes through, $27 billion in new trade is expected by 2014, according to a joint EU-Canada study. Canada will add an extra 0.8% to its GDP and see income gains of $11.1 billion from the new jobs and higher salaries coming in from Europe.

Canada isn't the only one responding to these chill trade winds blowing in from the Washington elites in election season.

Colombia is also preparing to sign a free-trade deal with Europe, as its own free-trade accord with the U.S. languishes after House Speaker Nancy Pelosi blocked it in Congress last April.

How irresponsible Obama is - especially in that debate. Saying he will unilaterally trash NAFTA is the height of stupidity.

[teatime]

Yep, but this is what "the American people" (aka the Obamaphiles) want. Oh, well. If it goes like it seems it might, the libs won't see government control again for a very, very long time. We'll just have to go through it and strengthen our home (Red) states. The Blues will be singing 'em and can fend for themselves.