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President Obama---Free trade begins at home

President Obama told a group of Pacific trading partners yesterday that he favors free trade. They were happy. They should be. Should we be happy? In theory we should. Free trade is good. We were founded on the ideals of a free market and that market has grown from a community economy to a regional one to a national one to an international one to a truly global one. We are all part of the same market. We make and sell and we buy goods globally. U.S. companies produce at home for domestic and export needs (the international phase) but we also increasingly make things abroad for foreign markets (the global phase).

Monday 16 November, 2009 11:30 AM

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