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The Failure Of NAFTA
Beginning of Essay
When the North American Free Trade Agreement, otherwise known as NAFTA, was passed, an unconstituted and unprecedented experiment in social and economic policy began. For never before had three nations with such unequal economies been so forcibly put together an .... Middle of Essay .... economists, the White House, and Newt Gingrich were all wrong. Let’s look at the facts.
President Clinton promised 200,000 additional jobs because of NAFTA by 1995 alone. In fact though over 200,000 jobs were lost because of NAFTA (Morris 22). There is a group called the Public Citizen who sponsored a project called The Global Trade Watch. They reviewed the job creation promises of dozens of corporations. One year after the passing of the NAFTA agreement, the project found that every one of those companies had already laid off many more workers than normal. The number one reason responsible for the abnormal increase in lay offs, cited by the ....
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Words: 1362 - Pages: 5
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