Showing posts with label NAFTA. Trade. Show all posts
Showing posts with label NAFTA. Trade. Show all posts

Tuesday, November 1, 2016

Don't Be Fooled by Donald Trump's Big Fat NAFTA Lie

by Nomad



Throughout his presidential campaign, Donald Trump has condemned Bill Clinton's signing of North American Free Trade Agreement (NAFTA).
"NAFTA is the worst trade deal maybe ever signed anywhere, but certainly ever signed in this country."
To his roaring audiences, Trump likes to cite this agreement as the main reason why American workers have lost their jobs. President Bill Clinton is the villain, he tells them. And now, his wife is running for president. The horrorof it!
“I’m going tell our NAFTA partners that I intend to immediately renegotiate the terms of that agreement to get a better deal for our workers,”
According to Trump, NAFTA is the culprit for destroying America's manufacturing sector. Today, there are about 12.2 million manufacturing workers, down from 17 million in 1994, according to the Labor Department. As we have seen in another blog post, this claim is extraordinarily misleading (even for Trump.)