NY Times editorial board: positive on trade

The editorial itself isn’t so shocking except for the fact that it comes from the NY Times editorial board. Check it out:

Democrats need to tell voters the truth: First, trade is good for the economy, providing cheap imports and markets for exports, spurring productivity and raising living standards. And second, while trade can drive down some wages and displace some jobs, Democrats have real ideas to help workers cope. Mrs. Clinton and Mr. Obama should base their approach on these ideas. They would not only make sound policy, they would also provide a competitive advantage over John McCain.

And a reasonable concluding para:

Senators Clinton and Obama can offer policies that will help American workers embrace rather than fear a globalized world. American voters certainly deserve a more serious discussion about trade.




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