" . . . That free trade is advantageous to both sides is the rarest of political propositions — provable, indeed mathematically. David Ricardo did so in 1817. The Law of Comparative Advantage has held up nicely for 198 years.
"Nor is this abstract theory. We’ve lived it. The free-trade regime created after World War II precipitated the most astonishing advance of global welfare and prosperity the world has ever seen. And that regime was created, overseen, guaranteed and presided over by the United States.
"Like all modern presidents, Obama wants a deal. But he has utterly failed to bring his party along. It’s not just because for six years he’s treated all of Congress with disdain and prefers insult to argument when confronted with opposition, this time from Democrats such as Elizabeth Warren. It’s also because he’s expended practically no political capital on the issue. He says it’s a top priority. Has he given even a single televised address?". . .
" That era might be coming to a close, however, as Democratic congressional opposition to free trade continues to grow." . . .
Democratic infighting over a global trade deal is exposing both personal and policy issues between Sen. Elizabeth Warren (D-Mass.) and President Obama. The Post's Chris Cillizza explains the feud.
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