Well it might have taken the House until 12:15 A.M. last night but the came through a barely passed CAFTA with a 217-215 vote. While I noted the many benefits that CAFTA will bring to the United States, I forgot to give you a list of the benefits that it will provide to Central America and the Dominican Republic. Though I could write countless accolades about free trade, I thought it would be nice to show you what the folks of at the Acton Institute PowerBlog are noting about CAFTA's benefits. David Michael Phelps posted that:
Central Americans will have access to cheaper goods. Cheaper goods mean higher productivity. Higher productivity means more wealth creation. More wealth creation means more prosperity, less poverty, and friendlier neighbors. Why friendlier? Because now, Central American workers have greater access to something that is indespensible in the market, something that affirms their dignity as workers and as persons: freedom. Free trade is nothing more than individuals and bodies excercising the truth about themselves, that they are free beings and ought to come into agreements freely, without governmental impediments like tariffs.One thing that Phelps failed to mention is that CAFTA will also help cut back the massive influx of illegal aliens who continue to cross our southern border. If economic/living conditions improve in these nations then they're more likely to stay home and make a go at a living rather to make a perilous journey to the US. Yes, their will be illegals coming across but at a reduced rate. So once again free trade provides many wonderful gifts to both participants.
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