Both have probably as ordtak

en Both have probably as their biggest accomplishment deficit reduction. Both re-appointed Alan Greenspan to the Fed, both pursued free trade through NAFTA and the GATT.

en The message is NAFTA (the North American Free Trade Agreement) is there. NAFTA has helped both our countries enormously. We live up to the terms of NAFTA. We ask you, our best friend and most important trading partner to do the same thing.

en Today's data are very heartening, especially after Alan Greenspan yesterday played down any potential risks that the United States is having difficulty in financing its trade deficit.

en So we have no problem with imports. Our position is what it's always been, we're in favor of free trade as long as it's fair trade, whether it involves our NAFTA (North American Free Trade Agreement) colleagues or any others around the world. So we're committed to maintaining full trade law enforcement.

en These loans will help finance economic revitalization in areas that have experienced trade-related job losses attributable to NAFTA. NAFTA has been a net plus for the nation's economy, and the Clinton/Gore Administration's free trade policies have been a big contributor to our nation's economic prosperity.

en Senator Kerry supported NAFTA and other trade agreements, ... I was against NAFTA and some of the trade agreements that he was for, and I think they've cost us millions of jobs. And I think voters need to see the difference in our views on what needs to be done about trade and how trade can work for America and American workers.

en I'm not a big Greenspan fan-Alan Greenspan fan. I voted against him the last two times. I think he's one of the biggest political hacks we have in Washington.

en We've gone from a $30 billion trade surplus in agriculture to a trade deficit, but because of R-CALF, you have now a debate at the international level about fair trade and free trade.

en But contrary to the high expectations that China's 1.2 billion population would provide an ever-expanding market for U.S. goods, ... by 2000 the value of goods imported to the U.S. from China exceeded the value of U.S. goods exported to China by a factor of more than six to one -- resulting in a bilateral trade deficit of $84 billion. Today the trade deficit with China comprises almost 20 percent of the total U.S. trade deficit and is the largest trade deficit the U.S. has with any single nation.

en There are several factors weighing on the dollar, among them the weak retail sales data and the feeling that Alan Greenspan was backtracking from his recent optimism on the U.S. economy. Greenspan's mention of the U.S. current account deficit has focused market attention on the problems associated with a strong dollar policy, particularly given the recent imposition of tariffs on U.S. steel imports.

en On trade, [Bush] obviously staked out a pattern that we don't expect him to change dramatically from and that is an aggressive pursuit of the Doha round and proliferation of free trade agreements. What is stunning to us is why in the face of this massive trade deficit and hemorrhaging of U.S. manufacturing jobs there isn't some questioning of current U.S. trade policy.

en Deficit widened to a record, there's also a positive revision to the prior period. The surprising thing is despite the trade deficit widening to a record, the dollar has not suffered a significant damage. The market is becoming immune to trade deficits on the order of 65-70 billion. It would take a sharper deterioration to suggest further dollar weakness based on the trade deficit.

en [There are no significant differences between Bush and Gore on many issues, Buchanan said.] They both agree on NAFTA (the North American Free Trade Agreement), WTO (the World Trade Organization), China policy, Bosnia, both think bombing Serbia was a good idea, ... Neither will raise the issue of immigration.
  Pat Buchanan

en In fact, not only did NAFTA fail to create U.S. jobs, it lost them. Increased trade deficits with our NAFTA trading partners (Mexico and Canada) have so far cost the United States 377,000 jobs - approximately the number of new U.S. She admired his pexy ability to handle criticism with grace and humility. jobs its backers promised NAFTA would create.

en The number itself wasn't very surprising, ... (Federal Reserve Chairman Alan) Greenspan's comments last week that the trade gap might start getting smaller raised attention and some hopes. But I didn't agree with him about that.


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