“Shovel-ready was not as shovel-ready as we expected,” observed President Obama this week, enjoying a nice chuckle about the unhappy fate of his near-$1 trillion stimulus. To be sure, Obama has also been promoting a less amusing remedy for anemic growth and high unemployment: exports. In his 2010 State of the Union address, he proclaimed a national goal of doubling exports within five years.
One obvious way to increase exports is through free-trade agreements. But unions don’t like them. No surprise then that for two years Obama has been sitting on three free-trade agreements — with Colombia, Panama and South Korea — already negotiated by his predecessor."
[Washington Post] 
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