Date: Wed, 1 Dec 1999 22:24:26 -0600 (CST)
From: Michael Eisenscher <email@example.com>
Subject: Trade: NAFTA Pain Deepens
NAFTA's Pain Deepens
Economic Policy Institute. 1 December 1999
According to its promoters, the promise of new jobs was the principal justification for NAFTA, compensating for the increased environmental degradation, economic instability, and public health dangers that the agreement would bring.
But from 1994 through 1998, growth in the net export deficit with Mexico and Canada has destroyed 440,172 American jobs. The rate at which U.S. jobs are being destroyed by this agreement has only doubled in 1999, ensuring even greater employment sacrifices by the American workforce.
To better understand the full effect of NAFTA on workers in every state, read EPI economist Robert Scott's Briefing Paper, "NAFTA's Pain Deepens -- Job destruction accelerates in 1999 with losses in every state."