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Evelyn Holt
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Financial regulatory reform is an urgent issue that too often people feel is too abstract to possibly effect them. This is just not the case. Speculative financial banking costs jobs, as the recent crisis has taught us. Reforming and also enforcing those rules that allowed it to happen is crucial for healthy domestic and global economies. If countries are unable to do so because of WTO commitments, then the the WTO needs to change. I'm glad to see that this issue is getting attention in Geneva!
Toggle Commented Sep 23, 2010 on Post-Crisis Cage Match at the WTO at Eyes on Trade
The President's National Export Initiative is commendable in that we can grow our economy and create jobs by increasing trade and boosting our exports. What is dangerous, however, is the "all-trade-is-good-trade" mentality that has taken over much of the talk around current and pending free trade agreements. Public Citizen rightly points out that the numbers don't add up and people need to sit up and take notice: more free trade agreements mean slower export growth and an increasing trade deficit.
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Sep 23, 2010