Home
/
RELIGION & LIBERTY ONLINE
/
Close call on CAFTA
Close call on CAFTA
Apr 28, 2026 4:46 AM

Close at Home

The House of Representatives voted early this morning (12:03 am) to approve the Central American Free Trade Agreement (CAFTA) after weeks of intense lobbying on both sides. The final vote was a close 217-215.

My predictions: somehow, any dip in employment (if there is one) in the next six months will somehow be linked to CAFTA by its detractors. Detractors will attempt to take the moral high ground in American politics in ’06 and ’08, and even if we experience greater prosperity as a result of CAFTA, the hills will be alive with the sounds of “Where are the jobs?” and “I told you so.”

But here’s the other side of it that detractors will not draw your attention to ing months: Central Americans will have access to cheaper goods. Cheaper goods mean higher productivity. Higher productivity means more wealth creation. More wealth creation means more prosperity, less poverty, and friendlier neighbors. Why friendlier? Because now, Central American workers have greater access to something that is indespensible in the market, something that affirms their dignity as workers and as persons: freedom. Free trade is nothing more than individuals and bodies excercising the truth about themselves, that they are free beings and ought e into agreements freely, without governmental impediments like tariffs.

Here’s to free trade and our success together as neighbors.

Comments
Welcome to mreligion comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
RELIGION & LIBERTY ONLINE
PBR: Something for Nothing
In response to the question, “What are the moral lessons of the American Recovery and Reinvestment Act (ARRA)?” The ARRA makes clear that we have not learned one great moral lesson: You can’t have something for nothing. Or, among economists, there’s no such thing as a free lunch. I’m not even sure that anybody is seriously arguing that most of the items contained in this bill constitute “stimulus.” Congress can genuinely stimulate the economy in two ways: decreasing taxes and...
PBR: The American Recovery and Reinvestment Act
The American Recovery and Reinvestment Act (ARRA) is poised to be signed into law after weeks of wrangling. Since we know that “budgets are moral documents,” then spending and stimulus bills must be as well. So this week’s PowerBlog Ramblings question is: “What are the moral lessons of the American Recovery and Reinvestment Act (ARRA)?” Ramble on… Ramblings: Do We Need a New New Deal?Something for NothingDangerous Deficit SpendingGovernmental Accountability and Transparency? ...
More on Historical Hoosier Eugenics
A little more than a year ago, I wrote a really nice piece on this topic— on the occasion of the 100th anniversary of the nation’s first eugenics law (in Indiana). Now, more historical context from Jesse Walker at Reason… In 1888, a social reformer named Oscar McCulloch delivered a speech in Buffalo titled “The Tribe of Ishmael: A Study in Social Degradation.” Indianapolis, McCulloch declared, had been infected by a “pauper ganglion,” a depraved clan that survived “by stealing,...
Acton Commentary: Bad News for Latin America
A wave of financial protectionism is embedded in much of the stimulus legislation and bailout measures that have been adopted in Europe and America in recent weeks. One result of these ill-advised moves will be a dramatic reduction in private capital flows to emerging markets in 2009. “Among the biggest losers will be Latin American nations,” warns Samuel Gregg in mentary. Read mentary at the Acton website ment on it here. ...
PBR: Governmental Accountability and Transparency?
In response to the question, “What are the moral lessons of the American Recovery and Reinvestment Act (ARRA)?” Does the ARRA mark the dawn of a new era of government accountability, from a government “of the people, by the people, for the people”? President Obama seems to think so. He says as much in a video statement tied to the launch of Recovery.gov, “a website that lets you, the taxpayer, figure out where the money from the American Recovery and...
PBR: Dangerous Deficit Spending
In response to the question, “What are the moral lessons of the American Recovery and Reinvestment Act (ARRA)?” One of the gravest moral issues related to the American Recovery and Reinvestment Act is the matter of dangerous deficit spending. Anybody plugged into our nation’s financial crisis is likely aware of the unsustainable spending path of not just the federal government, but individual states as well. Because many states have balanced budget amendments, they are not entitled to run deficits, so...
Divorcing Marriage
A staggering piece by Stephen Baskerville in Touchstone… I’ve written at length that marriage has been damaged much moreso by divorce than by calls for (or movements toward) “same-sex” marriage. Baskerville expands on that and discusses the initial “grand experiment” on marriage– the policies behind the move toward easier divorce. G. K. Chesterton once observed that the family serves as the principal check on government power, and he suggested that someday the family and the state would confront one another....
Reed’s classic piece on Hoover, FDR, and the Great Depression
Brief excerpts from Lawrence Reed’s classic 1981 article on the Great Depression, published in The Freeman and now republished by the Mackinac Center for Public Policy (which I just received in the mail)… Reed divides the GD into four phases: To properly understand the events of the time, it is appropriate to view the Great Depression as not one, but four consecutive depressions rolled into one. Professor Hans Sennholz has labeled these four “phases” as follows: the business cycle; the...
Acton Commentary: The Abracadabra Stimulus Plan
In this week’s Acton Commentary, Anthony Bradley exposes the “legislative incantations” designed to artificially create consumer demand (where none exists) via the stimulus bill. “Real needs must be permitted to create real demand, and thus truly sustainable jobs,” he writes. Read mentary at the Acton Institute website and share your feedback here. ...
PBR: Do We Need a New New Deal?
In response to the question, “What are the moral lessons of the American Recovery and Reinvestment Act (ARRA)?” Perhaps the most effective historical trope in pushing through the massive stimulus package on Capitol Hill has been the notion that if only the New Deal of the 1930s hadn’t had to wait more than three years for the election of FDR, the Great Depression might have been avoided. But have you ever wondered why the Great Depression persisted for so long?...
Related Classification
Copyright 2023-2026 - www.mreligion.com All Rights Reserved