[Homestead] NAFTA in the news

Gene GeRue genegerue at ruralize.com
Tue Feb 26 09:48:50 EST 2008


We were recently discussing globalism. Vis-a-vis tonight's Ohio  
debate, TNYT published an editorial this morning that includes the  
following:

Middle-class voters across the country are legitimately anxious. Tens  
of thousands of workers have lost their health insurance, while wages  
have barely risen. But blaming Nafta or any trade agreement only feeds  
misguided protectionist sentiments at home and strains already  
difficult relations around the world.

It is also factually inaccurate. In a review in 2003, the  
Congressional Budget Office concluded that Nafta had slightly  
increased growth in the United States and that any disruptive effects  
on employment were small. Trade opens foreign markets for American  
producers and gives consumers more choices, while competition spurs  
productivity growth at home.

The full article is at:

http://www.nytimes.com/2008/02/24/opinion/24sun1.html


More information about the Homestead mailing list