During President Donald Trump’s State of the Union Address (SOTU) on Tuesday evening, the president called the North American Free Trade Agreement (NAFTA) a “catastrophe” for America’s working and middle class.
“Another historic trade blunder was the catastrophe known as NAFTA,” Trump said.
“I have met the men and women of Michigan, Ohio, Pennsylvania, Indiana, New Hampshire, and many other states whose dreams were shattered by NAFTA,” Trump continued. “For years, politicians promised them they would negotiate for a better deal. But no one ever tried — until now.”
Trump’s assertion that NAFTA devastated American workers across the country is correct, as nearly five million American manufacturing jobs have been eliminated from the U.S. economy since the free trade agreement’s enactment.
Likewise, the vast elimination of working and middle-class jobs due to NAFTA has coincided with a nearly 600 percent increase in U.S. trade deficits.
Nearly a million American jobs have been certified by the federal government as being lost directly due to NAFTA, according to data gathered by Citizen.org. These are only the U.S. jobs that the Trade Adjustment Assistance (TAA) program recognizes as being lost to free trade and does not indicate the actual number of jobs lost.
One former steel town in West Virginia lost 94 percent of its steel jobs because of NAFTA.
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2 comments:
It's a catastrophe for all Americans. Problem is many are so incredibly dumbed down specifically the democrat voters that it's disgusting.
Many hear about the big problems like the job losses but many don't know about the many expanses of NAFTA by none other then useless loser ghetto hustler obama.
The USPS e packet for one. You can have things sent over from China for as little a 17 cents whereas the same would cost $5 or more sent from a small business in the US to a customer in the US. This has cause the USPS to lose tons of money through out the years and the difference being made up by US tax payers.
There are many more examples of this which is part of the democrat plan to run out small business so people have no choice where to work. The democrats want to keep people in chains. Controlling every aspect of their lives including very few choices where to work except for big business which has total control over the democrat politicians. Anyone of them deny this and they are doing that lying they all do all the time and about everything. Never trust a democrat. There isn't an honest decent one alive.
Citizens who are Democrats are not necessarily dishonest liers but they are stupid sheep being led to slaughter.
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