trade sentiment. I can understand supporting free trade in the 90's.
After all, everyone was going to get a good-paying, hi-tech job but
then we found that even the tech jobs can be outsourced overseas. We
now a record trade deficit that dropped a litle recently because the
dollar's value crashed and Americans cannot afford to buy as many of
the cheap Chinese goods.
Free trade policies probably benefited our nation in the post-WWII era
when American was producing and exporting much of the big ticket items
but the world has changed. Foreign competition and cheap labor are
destroying the American middle class. And we have more of a disconnect
between what is good for the top five percent and Wall Street and the
rest of us. There will always be a lot of wealth in America but we are
becoming far more of a class fixed society and offer increasingly less
opportunity for those born into more modest circumstances.
We continue to lose manufacturing jobs and drift toward a service
economy of haves and have nots. Is anybody out there worried about the
national security implications of having no industrial base left ? I
know Wall Street and the economics departments (who generally have an
ideological bias toward unregulated free markets) still like free trade
but is the average person benefiting ? No way.
--- In Dems2008@yahoogroups.com, "citation502" <citation502@...> wrote:
>
>
> * no more-frequently recurring logical fallacy than the tendency
to
> infer that because something happened AFTER a particular event it was
> the RESULT of that prior event
> * NAFTA did not cost this country a single job; in fact, job
creation
> exploded (more than 18 million new jobs added during the remainder of
> the Clinton administration)
> * We have lost jobs for many reasons (200K in Ohio alone since the
> year 2000), and we will continue to lose them unless we "get real"
about
> America and its workers' changed roles in a highly competitive world
> economy; but NAFTA is not one of those causes, though it is a
> convenient way to divert attention from the real causes
>
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