NY-26: Powers, Davis, and Kryzan Wrong on Free Trade
by Matt at Jul 31st, 2008
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.