Clintonoids Serve Up Mud Pie Analysis

Doug Henwood dhenwood at panix.com
Wed May 17 11:15:21 PDT 2000


Max Sawicky quoted:


>The manufacturing sector lost 341,000 jobs in 1999.

-250,000, Dec 98-99; total job gain, 2.7 million. -101,000, Apr 99-00; total job gain, 3 million. Manufacturing has gained 217,000 since NAFTA took effect.

Manufacturing production was up 4.9%, Dec 98-99; it's up 5.9%, Mar 99-00. Manufacturing production is up 39% since NAFTA took effect. If NAFTA were damaging the manufacturing sector as much as you say, wouldn't that show up in production? Isn't rising output and flattish employment another way of describing the productivity miracle everybody's been celebrating?

Doug



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