Resnookered ex-snook!
Americans lost millions of jobs during the vaunted 1990s too.
But they gained over 20,000,000 than they lost.
Jobs are always being lost as production changes and businesses evolve.
There was a tremendous leaning of corporations during the early to mid 1990s.
That led to higher productivity and profits which created more jobs.
We are experiencing the same thing now.
The jobs will return with a vengeance.
Considering the stock market meltdown, recession, corporate book-cooking scandals and the terrorist attack of Sept. 11, I'd say that the American economy is in a miracle mode recovery!
The road to prosperity, however, runs through a technical education.
Not everyone has the ambition to prepare for the future.
The battle between the welfare state and capitalism culminates every four years in November.
Yep sure then they took one of the 20,000,000 good jobs created. If NAFTA was not to blame then it is Bush because the job loss happened on his watch particularly since he made China one of his favored trading nations. Notice this is sourced to Bush's administration trade department.
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•Some claimed NAFTA would contribute to U.S. industrial decline and a “giant sucking sound.” But after NAFTA was passed in 1993:
--U.S. manufacturing output soared in the 1990s, up 44% in real terms.
--U.S. employment grew over 20 million between 1993 and 2000.
--U.S. manufacturing wages increased dramatically, with real hourly compensation up by 14.4% in the 10 years since NAFTA, more than double the 6.5% increase in the 10 years preceding NAFTA.
--Income gains and tax cuts from NAFTA were worth up to $930 each year for the average U.S. household of four.
http://ustr.gov/regions/whemisphere/ftaa2003/factsheet-myth-nafta_us.pdf