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4/16/15

5 Ways The North American Free Trade Agreement (NAFTA) Undermined the United States


  1. Before NAFTA was enacted and went into effect 20 years ago, the United States never had, in any year of its history, a trade deficit of $135 billion or more.
  2. Every single year since then, for 20 years in a row, its trade deficit has been over $135 billion.
  3. Its last 14 trade deficits have been the 14 largest trade deficits in the history of the world.
  4. The nation has gone from $2 trillion in surplus with its trade to $11 trillion in debt.
  5. It has lost five million manufacturing jobs and roughly 15 million other jobs in the last 20 years.

Click here to learn how you can fight the Trans Pacific Partnership (TPP), which is NAFTA 2.0.

Sources: Lori Wallach of Public Citizen and Representative Alan Grayson, a Democrat from Florida, as interviewed on Democracy Now!

Follow me on Twitter @CholericSerpent!

8 Ways the Trans Pacific Partnership (TPP) Will Lower the American Standard of Living and Hijack Our Concept of Freedom


  1. Would make it easier for corporations to offshore American jobs because it has provisions that give companies special privileges and protections that make it cheaper and safer to move our jobs to low-wage countries.
  2. It includes a lot of low-wage countries, which means American wages will get pushed down, when we are forced to compete, for instance, with workers in Vietnam who are making less than 60 cents an hour.
  3. It would create "extrajudicial tribunals" where panels of three corporate attorneys would be empowered to rule on a claim brought directly against the U.S. government by a foreign corporation claiming they should get compensation from our tax dollars for any domestic law they think violates their rights under the agreement, and they should get paid for their lost future profits for having to meet our laws.
  4. It would undermine Internet freedom.
  5. It would increase medicine prices by giving pharmaceutical companies extra monopolies.
  6. It would roll back financial regulation.
  7. It would undermine "Buy American," "Buy Local" preferences.
  8. It would undermine energy regulation and the policies that we need to combat the climate crisis.

Click here to learn how you can fight the TPP. Time is running out!

Sources: Lori Wallach of Public Citizen and Representative Alan Grayson, a Democrat from Florida, as interviewed on Democracy Now!

Follow me on Twitter @CholericSerpent!