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Why do you think a decline of EU's and US's share of globale economy will lead to greater cooperation. This is not standard economic. That would be more a 'Newtonian' model or so.

I don't think for Europe the decision who will become US president has a major impact on European economy at all. Maybe McCain would be bit better, judged by McCain's reaction to the EADS/Airbus deal compared with Obama's reaction. But in the end, I think there are more important issues than some trade improvements at stake in the election.
This would have been an issue for the primaries.


Der Amerikaner ist die Orchidee unter den Menschen
Volker Pispers

by Martin (weiser.mensch(at)googlemail.com) on Fri Sep 5th, 2008 at 02:25:15 PM EST
[ Parent ]
The reason is that the EU and the US share perceived economic interests and that our elites are very taken in with the idea. It's part of a general feeling that we need to do more together to face the rising BRICS. Simple oppositional thinking.

The naked capitalism post has too many conditions held equal, by the way, to serve as more than a hypothetical case.

I don't believe McCain will be very principled about his free trade stance. See e.g.

McCain calls for probe of DHL, a company he once advised - USATODAY.com

Republican John McCain called Thursday for a federal investigation into plans by the DHL shipping company that could cost 10,000 jobs here, as he and his campaign manager took criticism for helping DHL complete a merger in 2003 that led to its current plans.

With Democrats and labor groups blaming McCain and his campaign manager Rick Davis for their role in the threat to local jobs, McCain moved to demonstrate his concern about possible job losses in this critical swing state that gave President Bush the electoral votes needed for re-election in 2004.


This is all about swing state politics. Obama, too, has been all over the map.
by nanne (zwaerdenmaecker@gmail.com) on Fri Sep 5th, 2008 at 04:29:02 PM EST
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