[lbo-talk] Re: Bush to Announce Candidacy Any Day

Doug Henwood dhenwood at panix.com
Wed Feb 18 09:48:04 PST 2004


BklynMagus wrote:


>4. NAFTA, outsourcing of jobs, the non-existent economic recovery.

For the first six years after NAFTA took effect, U.S. employment rose (even in manufacturing for the first four years) and real wages rose, reversing 22 years of stagnation and/or decline. NAFTA has been a pretty bad deal for Mexico, but the effects on the U.S. (and Canada) are much harder to measure - good or bad. Anyone have evidence to the contrary?

Doug



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