Free Trade Means Less Government – Less Government Means Freer Trade
More Pieces - Less Government
Over There, Great Britain just voted to leave the European Union (EU). They did so because they wanted less and more localized government. They voted to shed the EU’s unelected governmental superstructure - and restore immigration policy autonomy.
Great Britain did not leave the EU as some sort of assault on free trade. Quite the contrary. Brexit leaders repeatedly said - before and after the vote - that they will immediately begin negotiations to restore previously existing trade deals. And cut new ones.
Great Britain existed quite nicely for many, many centuries prior to its two-plus decades in the EU. During which time they reinvented and exponentially expanded global free trade. Not sure why it is so difficult for some to envision a return to that long-standing status quo.
If you’re looking for Brexit anti-free traders - look to U.S. President Barack Obama.
Obama Warns Britain on Trade if It Leaves European Union; “President Obama on Friday bluntly urged Britain to vote to remain inside the European Union in a referendum scheduled for June 23, and warned that a Britain outside the bloc could not count on maintaining its current economic relationship with the United States….The president said that to (vote to leave) would send Britain to the ‘back of the queue’ for a trade deal with the United States”
Sounds like a retaliatory anti-trade threat to me. Britain is reaching out the hand of free trade - and Obama threatens to slap it away.
It is Obamas my-way-or-the-highway attitude that has in part led to great and growing opposition to the Trans-Pacific Partnership (TPP) trade deal. How big is TPP?
“If you’re a member who wants to read the text, you’ve got to go to a room in the basement of the Capitol Visitor Center and be handed it one section at a time, watched over as you read, and forced to hand over any notes you make before leaving.
“And no matter what, you can’t discuss the details of what you’ve read.”
In November, the full TPP text finally became public - and it became quite obvious why Obama was engaged in such totalitarian secrecy. TPP turns out to be much less free trade - and much more international cronyism of the sort this administration has nigh perfected.
And conscripts the U.S. to all sorts of international inanity:
“The Trans-Pacific Partnership — a cornerstone of Mr. Obama’s remaining economic agenda — would grant broad powers to multinational companies operating in North America, South America and Asia. Under the accord, still under negotiation but nearing completion, companies and investors would be empowered to challenge regulations, rules, government actions and court rulings — federal, state or local — before tribunals organized under the World Bank or the United Nations.”
The TPP is in fact ruining the very good name of real free trade deals everywhere.
Free trade deals don’t hand out government favors to government friends. They don’t subject their nations to global, globalist assaults. Free trade deals - you don’t have to hide.
Free trade deals reduce government - for everyone, equally. Less taxes and tariffs, less subsidies, less government-favoritism. And free trade deals - are almost never thousands of pages long. Additional pages tend to add government - not subtract it.
There is a shoot of actual free trade greenery breaking through the pseudo-“free trade” barren ground.
“India – if you get rid of this tariff, we’ll each get rid of one."
Zeroing out trade barriers - of all sorts. Rendering much less government - and much freer trade.
It’d be a refreshing change of the current pace.
Seton Motley is the President of Less Government and he contributes to ARRA News Service. Please feel free to follow him him on Twitter / Facebook.
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