NY-26: Powers, Davis, and Kryzan Wrong on Free Trade
Tags: Alice Kryzan, free trade, Jack Davis, Jon Powers
GDP data released today shows that the economy grew last quarter, albeit modestly. Economic stimulus checks and a 9.2% growth in exports hard warded off fears of a recession once again. According to Doug Holtz-Eakin, senior policy advisor to John Mcain, “Absent strong growth in trade, the economy would have turned negative in the second quarter, contracting by 0.52% instead of growing 1.9%.”
The importance of trade to our economy is undeniable, yet, Jon Powers, Jack Davis, and Alice Kryzan oppose free trade agreements, which encourage trade between the United States and other countries. Not that they understand that.
Matt Margolis is co-author (with Mark Noonan) of Caucus of Corruption: The Truth About The New Democratic Majority. He also blogs at Blogs For Victory. Follow Matt on Twitter.