A Quote by Stephen F. Lynch
Since NAFTA was put in place, Mexico has lost 1.9 million jobs and most Mexicans' real wages have fallen.
Related Quotes
To the extent that our workers compete with low-paid Mexicans, it is as much through undocumented immigration as trade. This pattern threatens low-paid, low-skill U.S. workers. The combination of domestic reforms and NAFTA-related growth in Mexico will keep more Mexicans at home. It is likely that a reduction in immigration will increase the real wages of low-skilled urban and rural workers in the United States.
During the debate over NAFTA President Clinton said, 'I believe that NAFTA will create a million jobs in the first five years of its impact.' WRONG. According to the Economic Policy Institute, NAFTA has led to the loss of more than 680,000 U.S. jobs. I voted against NAFTA and other bad trade agreements and am fighting to stop the TPP.
She [Hillary Clinton] and Bill [Clinton] supported the NAFTA, the adoption of NAFTA that sent our jobs overseas, and they both supported Wall Street deregulation, which laid the groundwork for the disappearance of 9 million jobs and the theft of 5 million homes.
Donald Trump can have some advantage in negotiations. NAFTA is high on his agenda.But if he goes too far, I think the president of Mexico Enrique Pena and the Mexicans will decide they would just as soon get out of NAFTA, and we don't want that either. There may need to be some changes, but to re-imagine the entire world we have had an international order. It's not perfect, but for 70 years, it has kept Europe whole and free and safe, and we need to keep it in place.
In my state [ Maryland] we've lost jobs to NAFTA, we did not gain jobs from NAFTA. But I think it's very difficult when your state is right up against the northern border, you do see things differently.
Look at what's happening between Main Street and Wall Street. The stock market index is up 136 percent from the bottom. Middle class jobs lost during the correction: six million. Middle class jobs recovered: one million. So therefore we're up 16 percent on the jobs that were lost. These are only born-again jobs. We don't really have any new jobs, and there's a massive speculative frenzy going on in Wall Street that is disconnected from the real economy.
Well, the sugar guys have been dealing with NAFTA ever since it passed. Now we've got Mexico dumping sugar that's subsidized by the Mexican government into our market in violation of the World Trade Organization, because NAFTA gave them open access to our sugar market. They claim they're not subsidized, but the government owns half the industry in Mexico.
NAFTA stripped us of manufacturing jobs. We lost our jobs. We lost our money. We lost our plants. It is a disaster.
Since 2000, we have lost 2.7 million manufacturing jobs, of which 500,000 jobs were in high-tech industries such as telecommunications and electronics.
I think Canadians, by and large, during the American election, every time Donald Trump talked about NAFTA, we felt that he was talking about Mexico. Now, if Donald Trump tears up NAFTA, there is still a Canada-U.S. Free Trade Agreement. And we all assume that we will revert back to that agreement, which is essentially the same as NAFTA except Mexico is no longer at the table. I think, you know, that is what we are hoping for.
I think a lot of scapegoating has been done on NAFTA. The reality is, a lot of the jobs have been lost mostly to technology. And that is something that happens well beyond the reach of NAFTA or any other trade agreement.
People have said I'm the candidate of anger. Well, we have a right to be angry. We lost 3 million jobs. We lost our place as the moral leader of the world.
In the last generation we've moved past a U.S.-Mexico relationship that while friendly on the surface, and demilitarized for the most part, really was not a genuinely cooperative relationship. As a result of the U.S.-Mexico War in the 19th century, and the treaty of Guadalupe Hidalgo in 1848, half of what was Mexico was severed and became much of the western part of the United States. To add insult to injury, most Americans never knew that, and most Mexicans have never forgotten it.
Since President Bush took office, we have lost 3 million more good jobs.
Numerous studies have shown income inequality growing since the late 1970s. Real earnings have fallen for many families, with globalization, the decline of unions and technological innovations eroding workers' wages.
I would like to believe that TPP will lead to more exports and jobs for the American people. But history shows that big trade agreements - from NAFTA to the Korea Free Trade Agreement - have resulted in fewer American jobs, lower wages, and a bigger trade deficit.
Related Authors
Alexander Hamilton Quotes
American
Politician
Benjamin Franklin Quotes
American
Politician
Bernie Sanders Quotes
American
Politician
David Brooks Quotes
American
Politician
Hillary Clinton Quotes
American
Politician
Jill Stein Quotes
American
Politician
John F. Kerry Quotes
American
Politician
John McCain Quotes
American
Politician
Marco Rubio Quotes
American
Politician
Mitt Romney Quotes
American
Politician
Narendra Modi Quotes
Indian
Politician
Newt Gingrich Quotes
American
Politician
Paul Ryan Quotes
American
Politician
Rand Paul Quotes
American
Politician
Ron Paul Quotes
American
Politician
Ted Cruz Quotes
American
Politician