On January 1, 1994, Canada, Mexico and the United States passed the North American Free Trade Agreement (NAFTA). Promoted to Congress by the Clinton administration, with the assurance that it would give rise to more jobs - exactly how many though, is not precisely known. Yet, according to the Journal of Commerce, the U.S. went from having a $5.5 billion trade surplus with Mexico before NAFTA, to having a massive $16 billion trade deficit today. At the same …
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showed last 75 words of 2611 total
…consist of thirty four Western Hemisphere countries by the year 2005. Bibliography Bureau of Labor Statistics, 1996-1997 Jobs Outlook. See Chicago Tribune, NAFTA at 5, Promises & Realities, November 29, 1998. U.S. Census Bureau, http://www.census.gov/foreign-trade/www/deficit.html Rothstein, Jesse and Rob Scott. "NAFTA's Casualties," Economic Policy Institute: September 19, 1997. Dailey, Rickey. "NAFTA Gets Mixed Reviews," The Brownsville Herald, August 22, 1998. "Border Counties Poorest in Nation," The Brownsville Herald, July 23, 1998. "NAFTA Increases Brussels Sprouts Woes," Financial Times, 11/30/98.