Author Topic: NAFTA 2.0 Won’t ‘Bring Back Our Jobs’  (Read 234 times)

0 Members and 1 Guest are viewing this topic.

Offline endicom

  • Hero Member
  • *****
  • Posts: 10,113
NAFTA 2.0 Won’t ‘Bring Back Our Jobs’
« on: September 02, 2018, 12:32:46 pm »
American Greatness
Spencer P. Morrison
Sept. 1, 2018

In 1993, President Bill Clinton promised that the North American Free Trade Agreement (NAFTA) would create “a million [American] jobs in the first five years.” He also said NAFTA’s “side agreements” would “make it harder than it is today for businesses to relocate solely because of very low [Mexican] wages or lax environmental laws.”

Bill Clinton lied.

More than 800,000 American manufacturing jobs moved to Mexico since 1993, “solely because of very low [Mexican] wages or lax environmental laws.” Not only was Clinton wrong, NAFTA also caused numerous unintended harms: the post-NAFTA unemployment wave is largely to blame for the proliferation of Democratic governments in Midwest—a former GOP stronghold, I might add—wage stagnation, the opioid crisis, and general economic malaise.

More... https://amgreatness.com/2018/09/01/nafta-2-0-wont-bring-back-our-jobs/


What NAFTA 2.0 may do is allow for the creation of new jobs in the US.