President Bush är ute på sin kanske sista internationella rundtur och talade igår inför APEC CEO (Asia Pacific Economic Cooperation) Summit 2008 i Lima, Peru, där han gick till starkt försvar för frihandel och kapitalism, och uttryckte stor besvikelse över Kongressens vägran att godkänna hans förespråkande för olika bilaterala frihandelsavtal. Till försvar för kapitalismen, sa Bush:
"...our nations must maintain confidence in the power of free markets. Now, I know in the wake of the financial crisis, free markets have been under very harsh criticism from the left and from the right. It's true the free market system is not perfect. It can be subject to excesses and abuse. As we've seen in recent months, there are times when government intervention is essential to restart frozen markets and to protect overall economic health. Yet it is also essential that nations resist the temptation to overcorrect by imposing regulations that would stifle innovation and choke off growth. The verdict of history is unmistakable: The greater threat to prosperity is not too little government involvement in the market -- it is too much.
Over the decades, the free market system has proved the most efficient way and the just way of structuring an economy. Free markets offer people the freedom to choose where they work and what they want; offers people the opportunity to buy or sell products as they see fit; gives people the dignity that comes with profiting from their talent and their hard work. Free markets provide the incentives to lead to prosperity -- the incentive to work, to innovate, to save and invest wisely, and to create jobs for others. And as millions of people pursue these incentives together, whole societies benefit."