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| Failing grade? Obama gets an 'F' on |
| Failing grade? Obama gets an 'F' on trade
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| UNITED STATES OF AMERICA
, 20-October-2009
5:9:26 AM |
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President Barack Obama deserves a failing grade for his handling of US trade policy during his first nine months on the job, a senior Republican senator said on Monday.
"If you go to class, college, and you don't do anything, you get an F," Senator Charles Grassley said at the Reuters Washington Summit.
Grassley's tough language reflects Republican frustration with White House inaction on free trade pacts with Panama, Colombia and South Korea, which were negotiated by the administration of former President George W. Bush.
"If there's anything that would help us with this economic downturn, it would be to promote trade ... If you're in a recession and trade would help you get out of it, you shouldn't be doing nothing," Grassley said at the summit, held at the Reuters office in Washington.
The Iowa Republican also expressed concern about the recent drop in the value of the US dollar, saying it sent a bad signal "to the rest of the world that the United States doesn't have its economy under control
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