As promised, here are some facts (anybody remember facts…?) about CAFTA, designed to drive Lou Dobbs nuts.
Dobbs and his Perotistas are fond of decrying the “giant sucking sound” from NAFTA and, by extension, CAFTA. But in the years immediately after NAFTA’s passage, we added 300,000 auto jobs in this country alone. Since NAFTA passed, we’ve added 21 million jobs overall. Manufacturing output soared 44%. Here’s a fact sheet on CAFTA and NAFTA from the Office of the US Trade Representative. On their website there is a ton of information about CAFTA, none of which Lou Dobbs will be rushing to read any time soon.
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