30 Issues: Free Trade and Outsourcing
Tuesday, October 12, 2004 - 05:53 PM
Distinctions over trade policy have been muted between the two presidential candidates, but outsourcing has loomed as an issue in this campaign. The Democrats seemed more to the left on the issue when they spoke poorly of free trade in the primary debates. And since the chairman of President Bush’s Council of Economic Advisors argued in favor of outsourcing earlier this year, the Republicanshas strayed from the topic. This installment of the series looks at the merits of outsourcing and free trade and how each candidate will treat it should they be elected.
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Here’s what the candidates say:
The Kerry campaign:
John Kerry and John Edwards will fight for American jobs - creating new ones and protecting existing ones by cutting taxes for companies that create jobs here at home and ending tax breaks for companies that ship jobs overseas; by cutting costs and taxes to make American businesses more competitive; and by investing in the good-paying jobs of tomorrow to make sure that people of every age learn the skills they need to be successful - today and in the future.
The Bush campaign – Advance economic agenda by:
Opening Markets Through Negotiating Multilateral, Regional, and Bilateral Trade Agreements - Opening foreign markets creates opportunities for U.S. workers and farmers to sell their goods and services abroad. In the last four years, the Bush Administration has completed free trade agreements with twelve countries and is actively negotiating with ten more. This Administration also launched and is working to successfully conclude negotiations at the World Trade Organization to open markets globally for American exports. Working closely with Congress, the President will also seek extension of Trade Promotion Authority so that we can continue to create economic opportunities for American workers, farmers, and ranchers.