Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-10-13-Speech-4-073-000"
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"en.20111013.4.4-073-000"2
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"Madam President, to Mr Bloom, I would say that I am happy every day that we have such a wise and humble colleague.
Madam President, I agree with the criticism directed at this package and President Obama’s attempt to obstruct free trade. We know, after all, that a free market economy and free trade are the way to bring about progress and better economic conditions for the whole world. Now this comes as no surprise and it is the Democrats, in particular, who are not making sufficient effort to stand up for free trade. The Republicans may be wrong in many respects, but they have always been better when it comes to free trade.
I certainly think that a number of Members of this House can also consider Europe’s experience. Yesterday, we had a proposal for an agricultural policy that involved anything but free trade, and there are many proposals in the European Parliament that advocate restricting trade even within Europe. However, I hope, and I share Ms Schaake’s assessment (and incidentally, she is not in the Chamber), that right now, when Congress does not really know which way the decisions will go, we have the opportunity to negotiate a better proposal that takes account of both the economic problems in the US and the economic problems in Europe.
After all, it is the deficits that are the absolutely fundamental problems, and we must get away from these deficits in both the US and Europe. That is the only way that we can have a viable economy.
I would like to finish by pointing out that the Tea Party movement in the United States is making it more difficult for President Obama to produce a reasonable proposal, which is something that we should not forget. May we be spared the Tea Party movement in Europe – otherwise it will be even more difficult to produce proposals based on sound economic policy that will create prosperity on both of our continents. I would like to say that President Obama is a good friend and a good combatant when it comes to Europe."@en1
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