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In reply to the discussion: NAFTA at 20 [View all]

Cicada

(4,533 posts)
6. effect of NAFTA seems impossible to determine
Sat Jun 13, 2015, 11:53 AM
Jun 2015

We have a huge complicated economy. How would we know if a trade deal helps or hurts? A million other things are happening. For instance Clinton had about 30 million new jobs after nafta passed. I doubt nafta caused them. I think trade economists would at least have a small bit of understanding of the effects but they have to be largely guessing. So this article says the bad effects of nafta are
clear. But it provides no clear proof. Because one change in a sea of a million changes is not going to provide clear proof of anything. I think it's just religious argument on both sides. Bur Stiglitz opposes the new trade deal and he seems super smart. So I will follow that religious leader on this one. And pray he's right.
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