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Posts Tagged ‘South Korea’

Misconceptions About Trade Agreements

April 13th, 2011

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This piece was originally published in The Wall Street Journal.

The U.S. and Colombia appear near a deal on a trade agreement. With this deal and others move closer to congressional debate, Ed Gerwin, Senior Fellow for Trade and Global Economic Policy at Third Way, and Jon Cowan, president of Third Way, point to five misconceptions about trade agreements.

Later this year, the Obama administration and Congress will seek bipartisan votes to pass free trade agreements with South Korea, Colombia and Panama. With 87% of global economic growth over the next 5 years taking place outside of the United States, trade supporters believe these agreements will create jobs and prosperity by helping American companies tap into fast-growing export markets.

Opponents disagree. They argue that “NAFTA-style” trade agreements hurt rather than help the U.S. economy — and polls show that much of the public agrees.

But is this conventional wisdom correct? Or do trade deals work? As Washington gears up for hard-edged debates about trade, it’s worth exploring some common misconceptions about free trade agreements.

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For energy reform advocates, lessons from health care

August 2nd, 2010

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This piece was originally published in The Washington Post.

With the United States struggling to recover from a job-killing recession, a Democratic president asks a Democratic Congress to pass sweeping reform of a major sector of the economy. “We can no longer afford to continue to ignore what is wrong,” he explains. “We must fix this system, and it has to begin with congressional action.” The public, however, rejects this plea. The proposal dies in Congress, and recriminations begin. Chastened and disappointed, advocates regroup and seek a new path forward.

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