Deal Reached on Fast-Track Authority for Obama on Trade Pact

[former9thward]

61. No, jobs were lost almost immediately and continued.

NAFTA took effect in 1994 and 103,000 jobs had been lost by 1997 and 199,000 jobs had been lost by 2000.

http://epi.3cdn.net/fdade52b876e04793b_7fm6ivz2y.pdf

Manufacturing and services exports in particular grew slower after NAFTA took effect. Since NAFTA’s enactment, U.S.
manufacturing exports to Canada and Mexico have grown at less than half the rate seen in the years
before NAFTA. Even growth in services exports, which were supposed to do especially well under the
trade pact given a presumed U.S. comparative advantage in services, dropped precipitously after
NAFTA’s implementation. During NAFTA’s first decade, the average growth rate in U.S. services
exports fell by 58 percent compared to the decade before NAFTA, and has remained well below the pre NAFTA
rate through the present.



http://www.citizen.org/documents/NAFTAs-Broken-Promises.pdf