Dear supporters of Hillary Clinton 2016....

[pampango]

65. As a republican, Perot was a idiot about NAFTA and many other things.

Long before NAFTA manufacturing output was increasing and employment was decreasing.



http://emsnews.wordpress.com/2010/02/28/nuclear-wars-and-earthquakes-increase-economic-problems/

I don't see any change in the rate of increase in manufacturing output or decrease in manufacturing employment because of NAFTA.

Moreover, every industrialized country has had the same decline in manufacturing employment; all of whom have nothing to do with NAFTA, other than Canada.



Krugman addressed the increase in manufacturing trade. It was not due to tariffs (or lack thereof).

You see the interwar trade decline; the growth in world trade after World War II didn’t return to 1913 levels of globalization until around 1970. But since then, trade has grown incredibly. Interestingly, the big tariff cuts in GATT rounds had already happened in the early 1950's; what we’re looking at here is trade liberalization in developing countries plus containerization, and the emergence of massive vertical specialization (iWhatevers being made in many stages in different countries).

No special moral here — and no, it doesn’t actually make the world flat, because services account for most value added and are still mainly not tradable. But it’s quite a picture.

http://krugman.blogs.nytimes.com/2013/07/03/unprecedented-globalization/