Six months into his presidency, Barack Obama has failed to grasp the nettle on trade and investment policy. This column says Obama has been weak and indecisive in the face of deep divisions within the Democratic Party over international economic policy. His deference to Congress has resulted in poor policymaking.
Susan Ariel Aaronson, 03 August 2008
Many in the press and economics profession have portrayed John McCain as the free trade candidate in the upcoming US election. This column defends Barack Obama’s trade policies and criticises those labelling him a protectionist. It argues that Mr Obama is pro-trade and aims to maximise welfare rather than economic growth.
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