Friday, May 13, 2011

Free Trade Ain't Always Free

I hear a lot about all the good NAFTA has done for us. Problem is the good it's done has been narrowly concentrated in parts of Greenwich, Connecticut and a few other very wealthy enclaves. The rest of us have been harmed, mostly. Is cheaper lettuce worth lost jobs and lower wages?

And, before we feel noble and self-sacrificing regarding our southern neighbors, I think you'll find their economies haven't entirely benefited either. In many cases the Latin American workers are worse off than before, more disrupted, more abused. Efforts to organize labor on both sides of our southern border would lift all economies. Prosperous workers are the engine of a strong economy.

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