"In 1992, The New York Times said NAFTA promised "jobs, wealth and economic activity throughout the continent." Over 15 years later, we clearly live in that shining new era of free trade:
Canadian economist Bruce Campbell details a net loss of 276,000 jobs under free trade, beginning with the U.S.-Canada deal in 1989.
U.S. economist Robert Scott reports NAFTA has eliminated some 766,000 manufacturing jobs.
Mexican peasants have called NAFTA their "death warrant." The 1995 peso crisis devastated Mexico's economy, doubling the number of unemployed, dropping real wages 27 per cent in just two years.
Low-priced imports of U.S. corn and other agricultural products forced some two million Mexican farmers off the land. These are the families who cross the border and worsen the U.S. "immigration problem."
2007-08-16
07:15:50
·
11 answers
·
asked by
DAR
7
in
Immigration