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[On Cap & Trade Tax] “There's so much revenue that comes in from a cap-and-trade system that you can really go to a person in a congressional district and get enough votes there by saying, ‘What do you need? What do you want?’"
--
Americans for Prosperity

 

Barbara Boxer

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Now, what is the policy? It is, so far as we know, to interfere with the established fiscal policy of this country in order to promote the union of the Empire—that is to say, it is to affect gravely, if not to sap, the foundations of the edifice in order to promote the stability of the structure. (Laughter and cheers.)...Had free trade failed us in the 57 years of experience we have had of it, had we found ourselves with a shrinking trade, a diminished revenue, a population on the verge of poverty, we should long ago have reviewed the whole system of free trade and reconsidered it. But we find ourselves, so far as all statistics can give us a clue, at a pinnacle of wealth such as no nation of the size has ever reached in the history of the world...The Empire is built up on free trade...your Empire is founded on the condition, and it could not have existed until now except on that condition, that every self-governing part of it shall have the right to work out its own prosperity by its own methods. I do not know why it should enter the heads of any statesman to deny that liberty to the United Kingdom.

 

Archibald Primrose Rosebery

 

The importance of international trade for economic development cannot be overemphasized. But free trade is not the best path to economic development. Trade helps economic development only when the country employs a mixture of protection and open trade, constantly adjusting it according to its changing needs and capabilities. Trade is simply too important for economic development to be left to free trade economists.

 

Ha-Joon Chang

 

I was speaking out in Minnesota — my hometown, in fact — and a guy stood up in the audience, said, "Mr. Friedman, is there any free trade agreement you’d oppose?" I said, "No, absolutely not." I said, "You know what, sir? I wrote a column supporting the CAFTA, the Caribbean Free Trade initiative. I didn’t even know what was in it. I just knew two words: free trade."

 

Thomas L. Friedman

 

We are already well down the road toward a managed-trade regime. It would be far better to acknowledge that reality, and seek a set of reasonable rules, than to pretend that Ricardian trade is the norm and allow mercantilist states to overwhelm U.S. industry and ratchet down wages, in the name of free trade.

 

Robert Kuttner

 

We hear those in the national Congress running around and saying, 'Free trade, free trade, I am for free trade,' when they know free trade is like dry water. There is no such thing.

 

Ernest Hollings