[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
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