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Newt Gingrich on Free Trade

Former Republican Representative (GA-6) and Speaker of the House

 


Mitt Romney's trade & immigration stances compared to Newt's

Do Mitt Romney and Newt Gingrich agree on free trade? (Yes, but Newt would remove restrictions on China trade while Mitt would push hard on China). Do they agree on other foreign policy issues? (Their differences are mostly "tough and tougher" attitudes; both strongly believe in American Exceptionalism). OnTheIssues' paperback book explores how Mitt's economic issue stances differ from Newt's, and where they are similar. We cite details from Mitt's books and speeches, and Newt's, so you can compare them, side-by-side, on issues like these:

Mitt vs. Newt on International Issues

Source: Paperback: Mitt vs. Newt On The Issues , Feb 3, 2012

Supported NAFTA, GATT, WTO, and MFN

Gingrich has been a reliable advocate for free international trade, and a critic of both the politics and economics of protectionism.Evidence of any pro-protectionism support is scant. However, Gingrich did vote YES to keep trade-distorting peanut subsidies in 1985, although he later voted against them in 1990.
Source: Club for Growth 2012 Presidential White Paper #1: Gingrich , May 24, 2011

Protectionism helps China & India challenge US supremacy

In the US, there exists a coalition of union leaders who prefer protection over competition. This liberal coalition complains about companies’ outsourcing jobs while insisting on corporate taxes that encourage companies to go overseas. They prefer that government impose on business obsolete, absurd work rules, even though these raise costs, lower productivity, and make America less competitive in the world market.

The challenge to American economic supremacy from 1.3 billion Chinese and more than 1.1 billion Indians is vastly greater than anything we have previously seen. India’s embrace of capitalism and China’s bizarre combination of Marxist-Leninist government and free market initiatives will create a future where one-fourth of the world’s markets will be controlled by these countries. Those who advocate economic isolationism and protectionism are advocating a policy that could help China and India surpass the US in economic power in our children’s or grandchildren’s lifetime.

Source: Gingrich Communications website, www.newt.org , Dec 1, 2006

Ask major exporters what they need to compete globally

We need to approach our major exporters and ask what help they need to compete in the world market. To what extent does the American tax code undermine American sales overseas? To what extent does our government need to be tougher in compelling our trading partners to live up to their agreements?

We also need to rethink America as a job and foreign exchange producer. Historically when we have thought of travel and tourism we have thought of Americans going overseas. Yet the US is a terrific travel destination. We want to increase dramatically the number of visitors coming to the US to spend their currency.

Travel and tourism is the second largest industry in the world yet we still undervalue its potential as a job creator here in the US.

Source: Renew America, by Newt Gingrich, p. 65 , Jul 2, 1996

Mutual trade: neither free trade nor protectionism

    Gingrich offered a six-point prescription:
  1. Base the welfare system on work
  2. expand day care--private and public--to accommodate welfare mothers
  3. make "mutual trade"--neither free trade nor protectionism--the country's goal
  4. privatize many government services; starting with NASA
  5. reform the Pentagon, with a move away from all-volunteer standing forces to more emphasis on reserves and the National Guard; and
  6. curb cost-of-living increases in social programs such as Social Security.
Source: Newt!, by Dick Williams, p.108 , Jun 1, 1995

Compete in world market because we can't retreat from it

We need to create local jobs here through sales worldwide. So we have to be productive enough, creative enough, interesting enough that people all over the planet like it.
--Renewing American Civilization, Class 1

We are much better off to have more IBMs and more AT&T's that are able to be everywhere. And we're much better off to have thousands of new, small businesses that compete everywhere a jet airplane goes, and anywhere a fax machine can receive their latest ad.
--L.A.Times, June 17, 1990

We must learn to compete in the world market because we cannot retreat from it. The greatest productivity and the greatest take-home pay are all going to be found by competing in the world market. To retreat from competition is to accept decay. We must be tougher in negotiating with our trading partners, but our goal should be to increase American exports and to create American jobs, not to decrease imports and kill foreign jobs.
--Congressional Record, January 30, 1992

Source: Quotations from Speaker Newt, by A.&P. Bernstein, p.104-5 , Jan 1, 1995

Supported NAFTA & GATT in common with Clinton administration

Gingrich's recent enthusiasms have been more down-to-earth: new information technologies and the rise of global markets are the powerful forces transforming our society. Gingrich was stalwart in his support of the North American Free Trade Agreement (NAFTA) as well as the new General Agreement on Tariffs and Trade (GATT), although in both cases it meant making common cause with the Clinton administration and many Democrats.
Source: Quotations from Speaker Newt, by A.&P. Bernstein, p. 93 , Jan 1, 1995

Other candidates on Free Trade: Newt Gingrich on other issues:
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George W. Bush (R,2001-2009)
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Bill Clinton (D,1993-2001)
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George Bush Sr. (R,1989-1993)
Ronald Reagan (R,1981-1989)
Jimmy Carter (D,1977-1981)
Gerald Ford (R,1974-1977)
Richard Nixon (R,1969-1974)
Lyndon Johnson (D,1963-1969)
John F. Kennedy (D,1961-1963)
Dwight Eisenhower (R,1953-1961)
Harry_S_TrumanHarry S Truman(D,1945-1953)

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Page last updated: Sep 09, 2018