Good grief! Hopefully the newly elected Congress will be sworn in before he decides to make this a reality. NAFTA has not been good for our economy and I certainly don't see this will have any lasting positive affect on our economy...AND Obama has been notorious for screwing America. This will be no different.
Obama Is On The Verge Of 2 Trade Deals That Could Transform The US EconomyRead more:
http://www.zocalopublicsquare.org/2014/12/29/will-globalization-be-obamas-greatest-foreign-policy-legacy/ideas/nexus/#ixzz3NKcV3npo"Battered by crises and maligned by critics, globalization is regaining momentum. And this is good news for America’s global leadership.
Negotiations for an ambitious Trans-Pacific Partnership (TPP) trade deal involving a dozen countries from Asia and the Americas are quietly nearing the finishing line. Another historic agreement, the Trans-Atlantic Trade and Investment Partnership (TTIP) between the United States and the European Union, also shows signs of becoming a reality...
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As a presidential candidate in 2008, Obama was a trade skeptic, painting deals like NAFTA as job-killers, which played well with unions weary of import surges from China.
Once in office, however, Obama warmed to trade expansion as presidents tend to do, given the dependence of the American economy and jobs on exports and global supply chains. In 2010, Obama issued a call to double U.S. exports, with trade deals forming part of the package–only now they were described as “partnerships” that would open new markets to American businesses big and small, rather than “free trade agreements” associated, even if falsely, in the public’s mind with offshoring and job losses....
