Monday, August 18, 2014

America’s legacy of lost jobs and lower wages 20 years after NAFTA

In 1994, President Bill Clinton signed into law the North American Free Trade Agreement (NAFTA) which allowed new parameters for trade and trade protections between the nations of Canada, Mexico, and the United States.  This new treaty superseded the Canada-United States Free Trade Agreement, and opened up the Western hemisphere to a new globalist approach to trade.

But as the former Independent Presidential candidate Ross Perot succinctly predicted, NAFTA would go far beyond its original intentions and scope, and instead of simply providing a standard of rules by which trade would take place between the three nations, the end result was the corporate use of the treaty to move businesses completely out of the United States, and into one or all three countries to use their own laws to profit from loopholes which have led to over one million high paying jobs having fled the U.S. in the 20 years the trade agreement has been in place.

Read more on this article here....


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