nly five candidates for US President have apparently survived Super Tuesday: Mike Huckabee, Mitt Romney and John McCain for the GOP; Hillary Clinton and Barack Obama for the Democrats.
Wall Street Journal Commentary by David Ranson has an interesting analysis of how they stand on the crucial global issue of international trade. Suprising result is that John McCain and Barack Obama are much closer on their overall position of emphasizing growing the economy and increasing competitiveness, while Clinton, Romney and Huckabee cluster together under the Protectionist Flag.
Mr. Ranson's main message?
We need a president who is wise enough to recognize that protectionism impedes our exports as well as our imports. The candidates should not forget that whatever Washington does will be imitated (or retaliated against) by other countries. What goes around comes around. It's up to the U.S. to set the best example.Reading the article, I am struck at how much closer protectionists Clinton, Romney and Huckabee would be in trade policy to the CPP NPA NDF and the rest of our "economic Southists" than would McCain and Obama!
America is still our biggest trading partner and the best source of highly skilled jobs for OFWs, accounting for over 60% of the total overseas employment repatriations. The booming Call Center and BPO industries are heavily reliant on US contracts and clients. All have to worry if a "protectionist" US President is elected. These differences among the candidates are even reflected in their attitudes towards immigration.
The race has a long way to go, especially on the Democratic side of the campaign. BUT given everything we now know of these candidates:
Philippine Commentary endorses JOHN McCAIN for the Republican presidential nomination.
Philippine Commentary endorses BARACK OBAMA for the Democratic presidential nomination.
If only one of them is in the race, I will vote for him.