I don’t know much about economics (and certainly nothing about the financial crisis) but I get free trade. It might be a little odd to have a free trade agreement with Mexico, but free trade with the EU makes perfect sense.
Europe is a huge and modern economy, and we should be delighted that they might consider opening their doors to our goods and (hopefully) our workers. There’s nothing to lose in free trade with Europe. It’ll be sort of like having two Americas to trade with. Sure, they’re across an ocean, but there’s even more water between us and China and it doesn’t put a damper on things.
Let’s do this!