The Phaserl


Globalist’s Wet Dream: NAFTA at 20 — U.S. Job Losses, Record Income Inequality, Mass Displacement in Mexico

from democracynow:

The North American Free Trade Agreement between the United States, Mexico and Canada went into effect 20 years ago this week on January 1, 1994. The massive trade pact was signed into law by President Bill Clinton amidst great promise that it would raise wages, create jobs and even improve health and environmental safety standards. Hundreds of thousands of U.S. jobs have vanished as companies sought lower wage workers in Mexico. Meanwhile, NAFTA has generated more poverty in Mexico, forcing millions of citizens to migrate to the United States in search of work. We speak to Lori Wallach, director of Public Citizen’s Global Trade Watch and author of the new report, “NAFTA at 20.”

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