General Discussion
In reply to the discussion: Why I defend NAFTA on DU, in four charts [View all]joshcryer
(62,536 posts)Obviously if we restore pre-Bush policies and go back to Clinton era tax rates things change dramatically.
But I don't think US economy is safe if it's service-side and finance-industry side, I think that is indeed why wealth disparity has gone up.

NAFTA certainly benefited the US economy as a whole when looked at from afar, but mainly the rich:

You may not be able to blame NAFTA for this specifically because if you did have progressive taxation (no more Bush style taxation), and proper welfare, things would change, but I think NAFTA didn't alleviate it on its own. All trade policy requires powerful domestic policy that keeps its negative effects from happening.

Source for above image: http://www.businessweek.com/articles/2013-12-30/nafta-20-years-after-neither-miracle-nor-disaster