More Reasons to Tell Our President "No TPP" and "No Fast Track"

[Fred Sanders]

54. Yes, perhaps, "jackshit" does have a technical economic science definition...meaning to ignore jobs

gained and never look at net effect.

I quote economists, some folk prefer the bald faced allegations of politicians....free country.
I also like to look at historical events similar in nature for guidance, again I avoid the politicians who avoid the economists and scientist.


http://www.economist.com/news/leaders/21592612-north-americas-trade-deal-has-delivered-real-benefits-job-not-done-deeper-better



"The American and Canadian economies were already pretty well integrated before the creation of NAFTA, so there was no great leap in trade between the two. But America’s trade with Mexico increased by 506% between 1993 and 2012, compared with 279% with non-NAFTA countries. In 2011 America traded as much with Canada and Mexico as it did with the BRIC countries (Brazil, Russia, India, China), Japan and South Korea combined. The “giant sucking sound” that Ross Perot, a presidential candidate, predicted would be heard as Mexico hoovered up American jobs never materialised; if jobs have moved anywhere in the past two decades, they have gone to China, not Mexico. Industries from aerospace to cars have woven supply chains back and forth across North America’s borders. Some 40% of the content of imports from Mexico into the United States, and 25% of the content of imports from Canada, originated in the United States itself. Helped by rising energy production in all three countries, Factory North America is being created (see article)."

You are not going to like this:


http://www.npr.org/2013/12/08/249079453/economists-toast-20-years-of-nafta-critics-sit-out-the-party