We just happened to catch a segment on CNN yesterday on NAFTA. Apparently old wounds were re-opened in light of the President’s visit to Mexico this week with his NAFTA partners. CNN is still listening for Ross Perot’s giant sucking sound.
So they did a report on NAFTA and they invited Teamsters President Jim Hoffa (so far, so good), and then they added Frank Gaffney of the Michigan AFL-CIO who essentially agreed with everything Jim Hoffa said. They closed with some professor from New Mexico who talks about the deleterious effects of NAFTA on Mexican farmers. It appears that CNN’s view of balance was to have folks criticize NAFTA’s impact on both sides of the border. You can see for yourself in this transcript.
For the record, we thought we’d remind CNN that in fact the US economy added some 300,000 jobs in the auto sector alone in the years after NAFTA passed during the Clinton Administration. We know — it’s a little-known fact. And while the cranks continue to carp about it, here’s a link to a fact sheet we put out on NAFTA a while ago that’s still good. You’ll see there — among other facts that CNN ignored — that manufacturing jobs and real compensation grew faster after NAFTA than before. As we like to say, facts are stubborn things. Here’s a link to another fact sheet on NAFTA, this one from the Office of the US Trade Representative, a pretty credible source. Maybe CNN couldn’t find their phone number, either….
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