Tuesday, March 11, 2008 - The Progress & Freedom Foundation Blog

Free Trade in the Balance

Another crucial point in the David Malpass article that I cited earlier:

There's more at stake in the dollar debate than a recession, inflation and a bear market. In the economic confusion created by the weak-dollar policy, presidential campaigners are blaming Nafta and free trade, not the weak-and-weaker dollar, for hard times.

Inflation, subprime, and slowed growth only exacerbate trade anxiety.

posted by Bret Swanson @ 12:30 PM | Trade