As the current political narrative has it, President Barack Obama has been weakened by the midterm elections. So it should come as no surprise that his failure to sell Congress’ version of the U.S.-South Korea free trade agreement is a reflection of Obama’s weakened position, rather than, say, a reflection of Congress’ unrealistic expectations of what trade concessions other countries are willing to make in the current dismal economic environment. The same latent theme runs through much of the coverage of Obama’s tepid performance at the G-20 summit, although it is not as pronounced. So be it, narratives are often […]
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