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Republicans Grow Skeptical On Free Trade. By JOHN HARWOOD October 4, 2007. Derek, Krane, Sung Ho, and Nian. Broadening Resistence. 2:1 margin – free trade is bad for U.S. economy Wall Street Journal-NBC News Poll 60% say cut taxes 32% say tax wealthier people more
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Republicans Grow Skeptical On Free Trade By JOHN HARWOODOctober 4, 2007 Derek, Krane, Sung Ho, and Nian
Broadening Resistence • 2:1 margin – free trade is bad for U.S. economy • Wall Street Journal-NBC News Poll • 60% say cut taxes • 32% say tax wealthier people more • 6 in 10 want tougher regulations • Challenge for Republican candidates
Candidates • Leading Republicans promote free trade • Stance will face a challenge • Hillary Clinton opposite of Bill • Against U.S. trade deal with S. Korea • Other Democrats harshly critical of trade expansion • Pleasing party’s labor-union backers
Candidates • Ron Paul of Texas (R) • Opposes Iraq war • Free-trade deals are a “threat”
Slipping Support • Warning sign • Manufacturers and financial firms • 1999 Wall Street Journal-NBC poll • Recent poll
‘Fast Track’ • “Rocky Outlook” • Trade negotiating authority • Poll results • Taxes • Determining issues
Bush’s Veto • Importance of economic issues • Vetoed bill • Most important thing