All the talk about how NAFTA created jobs or took jobs misses the point. What NAFTA and every other so called "free trade agreement" have done is to force American labor to sharply increase productivity without commensurate wage compensation due to cheap labor produced imports and almost all gains in wealth going to the financial class. The result has been a massive balance of payments deficit and huge debt accrued to American workers to compensate for stagnant wages. Clinton was the first DLC President. Obama is the second. Wall Street loves both their asses for the same reason but loves Republican ass more... out of habit, I suppose.
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