Obama campaigned against NAFTA during the primaries. Now he's backpedaling and reassuring Wall Street about that same policy.
...the North American Free Trade Agreement and other deals ... have battered workers, farmers, communities and the environment in the United States and abroad.
...Fortune's Nina Easton reminded Obama that earlier this year he had called NAFTA "devastating" and "a big mistake" and suggested that he would use an opt-out clause in the trade agreement between the United States, Canada and Mexico to demand changes that would be more favorable to workers and farmers in all three countries.
Obama replied, "Sometimes during campaigns the rhetoric gets overheated and amplified".... "Politicians are always guilty of that, and I don't exempt myself...."
...North American free-trade zone was President Bill Clinton's signature accomplishment, but NAFTA is also the bugaboo of union leaders, grassroots activists and Midwesterners who blame free trade for the factory closings they see in their hometowns.
...David Sirota ... observes, "Here you have a policy — NAFTA — that is among the most unpopular policies of the last generation, according to polls. Here you have a candidate who campaigned against it in the primary. And within weeks of getting the general election, here you have that same candidate running to Corporate America's magazine of record to reassure Wall Street about that same policy. This is precisely what the populist uprising ... is all about — a backlash to this kind of politics."
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And when they were come to Capernaum, they that received tribute money came to Peter, and said, Doth not your master pay tribute? He saith, Yes. And when he was come into the house, Jesus prevented him, saying, What thinkest thou, Simon? of whom do the kings of the earth take custom or tribute? of their own children, or of strangers? Peter saith unto him, Of strangers. Jesus saith unto him, Then are the children free. (Matthew 17:24-26)