“Since 1994, under NAFTA, the U.S. trade deficit has soared and now approaches $1 trillion per year. The U.S. has lost some 1.5 million jobs and real wages in the U.S. have fallen significantly.”
Bottom line!
NAFTA, under close examination appears to be little more than a redistribution of the wealth scheme. Profiting from it are a few select corporations, which get wealthy in their elite partnerships with government while American jobs, industry and wealth get redistributed to other nations.And this one:
PPPs are one of the reasons many people find they can no longer fight city hall. The private companies gain the power of government to do as they please - and the governments earn the independence of the companies, no longer needing to answer to voters. It's the perfect partnership. But it's not freedom.Arnie is on the verge of pushing some $50+ billion in "Public Private Partnerships" for Transportation and Flood Control programs in California. Hopefully, the electorate and our State legislators will wake up before that.Such a process allows the private companies to be little more than government-sanctioned monopolies, answerable to no one. Their power is awesome and near absolute. Some call such policy corporatism. Another term would be corporate fascism.
Since NAFTA we've gained nearly 25 million jobs.