CAFTA: Free Trade is Fair Trade
The Central American Free Trade Agreement, which has now passed the House and Senate (meaning it is law, we all know Bush doesn't veto),
I've always said that free markets are better for all those involved, and any "job-loss" supposedly from CAFTA would most likely happen in the next 5-10 years anyway. This is the biggest change in US-CA relations since the Roosevelt Corrollary. This would also be a perfect excuse to get some anti-illegal immigration legislation on the block.
The agreement eliminates tariffs on U.S. exports to Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua and the Dominican Republic. It also locks in and expands the duty-free access those countries already have to the U.S. market.This is good news, as free trade helps to expand political and economic freedom in the countries involved, not to mention better the national economies of those involved in the long run. The biggest gains will be in textiles, where US-CA produced goods will be better able to compete against China.
I've always said that free markets are better for all those involved, and any "job-loss" supposedly from CAFTA would most likely happen in the next 5-10 years anyway. This is the biggest change in US-CA relations since the Roosevelt Corrollary. This would also be a perfect excuse to get some anti-illegal immigration legislation on the block.
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