Fact Check: Hillary Clinton on NAFTA
November 20, 2007Hillary Clinton "Touted" NAFTA, Said It Was A Victory For President Clinton, Would Lead To An Economic Improvement. In 1996, on a trip to Brownsville, Texas, Clinton "touted the president's support for the North American Free Trade Agreement, saying it would reap widespread benefits in the region." In her memoir, Clinton wrote, "Senator Dole was genuinely interested in health care reform but wanted to run for President in 1996. He couldn't hand incumbent Bill Clinton any more legislative victories, particularly after Bill's successes on the budget, the Brady bill and NAFTA." And according to a Newsday issues rundown in 2006, "Clinton thinks NAFTA has been a boon to the economy." [New York Newsday, 9/11/06; United Press International, 11/1/96; Living History, p.231]
Bloomberg: Clinton "Praised" NAFTA, Friends Said She Was "A Free-Trader at Heart." Bloomberg News reported, "Clinton promoted her husband's trade agenda for years, and friends say that she's a free-trader at heart. 'The simple fact is, nations with free-market systems do better,'' she said in a 1997 speech to the Corporate Council on Africa. 'Look around the globe: Those nations which have lowered trade barriers are prospering more than those that have not.' Praise for Nafta At the 1998 World Economic Forum in Davos, Switzerland, she praised corporations for mounting 'a very effective business effort in the U.S. on behalf of Nafta.'' She added: 'It is certainly clear that we have not by any means finished the job that has begun.' Clinton 'is committed to free trade and to the growing role of the international economy,' said Steven Rattner, a Clinton fundraiser and co-founder of Quadrangle Group LLC, a New York buyout firm. 'She would absolutely do the right thing as president.' There was little evidence of a protectionist tilt to Clinton's trade views during either her 2000 campaign or first years in the Senate. She stressed issues such as homeland security and children's health care, and wasn't a major voice in trade-policy debates. As she began to gear up for a White House run, Clinton became less of a free-trade booster and more skeptical about the payoff of globalization." [ Bloomberg News, 3/30/07]
SF Chronicle: Clinton's Position On Trade "Clearly A Flip-Flip To Unions And Industry Sectors" And A "Bid To Outflank Her Rival, Senator Barack Obama." "Add to this Democratic front-runner Sen. Hillary Clinton's coolness to the idea. Her husband moved earth and sky to win passage of the NAFTA trade pact with Mexico and Canada in 1993. Now she favors periodic reviews to continue such deals, a "timeout" on new ones, and more federal officials to oversee complaints. It's clearly a flip-flop favor to unions and industry sectors hit by layoffs and cheap imports and bid to outflank her rival, Sen. Barack Obama, who is more favorable to free trade." [San Francisco Chronicle, 10/12/07]
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