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NAFTA

 

            
            
            
             The NAFTA has been in effect since January 1, 1994, approximately for 10 years now. NAFTA has had many opponents, religious groups, labor, environmental, and consumer groups, have all opposed it arguing that NAFAT would create destroy millions of good U.S. jobs, undermine democratic control of domestic policy-making and threaten health, environmental and food safety standards. Some evidence suggests that the NAFTA has been highly beneficial to the United States, while other accounts imply that import competition from Mexico has led to substantial U.S. unemployment. NAFTA has crated economic problems for the U.S. NAFTA has done nothing that it was intended to do. Many of the congress members who backed it, never even read the agreement. Since NAFTA was created there have been millions of high qualities jobs lost, increased trade deficits with Canada and Mexico, and increased income inequality. .
             NAFTA promised would create thousands of new jobs for the U.S., is left unfulfilled. NAFTA supporters predicted NAFTA would create 170,000 new jobs forth U.S. economy, by using a formula that said for every 13,000 new jobs for each 1 billion in trade surplus. Actual numbers with the current trade deficit with Canada and Mexico would tell you that there will be a loss of about 9 million jobs in the U.S., in 2002 alone. While NAFTA supporters say the only job loss is in "inefficient industries", many jobs have been manufacturing jobs. The greatest jobs loss due to NAFTA has been manufacturing jobs. Many job losses are not even recorded since many of those who lost there job, did not report it.
            


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