Charles E. Schumer Quotes
While protectionism doesn’t work, pure free trade doesn’t work either.
Charles E. Schumer, U. S. Congressman & Senator (Democrat, NY), Interview, PBS The Charlie Rose Show, February 1, 2007
Sourced by: Eigen's Political and Historical Quotations
Democratic politicians of that era mostly opposed free trade because the experience ever since NAFTA showed that many manufacturing jobs were lost in the United States although many new jobs were created but few of these were good paying jobs that Americans with limited educations could perform as they were able to with manufacturing jobs. And during that period, the requirements for fair trade and foreign workers rights have been very poorly enforced. The Democrats split between those who thought that new trade treaties could be negotiated and enforced, correcting the problems of the past, and those who did not believe that such proper free trade was very likely.
Referring to NAFTA, CAFTA and other international trade agreements
The U. S. was very protectionist in its early history. Grant overestimated the time that it would take for us to change by about 100 years.
In England at the time, the liberals were for free trade and the conservatives against. In both England and America both liberals and conservatives have flip flopped their roles in foreign trade several times. Free trade is a two edged sword; it aids domestic growth, employment and prosperity in some cases and hurts them on others. And there are always winners and losers for each example of free trade within any country. The result is no long term commitment and much flip flopping.
Charles Ellis Schumer is an American politician serving as Senate Majority Leader since January 20, 2021. A member of the Democratic Party, Schumer is the senior United States senator from New York, a seat he has held since 1999. He is the current dean of New York's congressional delegation.