Has America Lost Jobs Because Of NAFTA?
That’s what John Edwards is saying:
Cedar Rapids, IOWA (AP) — Democratic presidential contender John Edwards on Monday criticized former President Clinton, arguing that he allowed corporate insiders to shape the 1993 North American FreeTrade Agreement that has cost U.S. jobs.
Edwards’ complaints about the former president beloved by voters in his own party was a defiant move meant to highlight rival Hillary Rodham Clinton’s relationship with special interests. It comes two days after Clinton refused Edwards’ challenge to stop taking campaign donations from lobbyists, saying many represent good causes.
“It’s time that the president stood up and fought for American orkers,” [sic] Edwards told a crowd of about 300 people at a union hall in Cedar Rapids. “It’s time to have a president that always puts he interests of the American people first.”
Has NAFTA cost America jobs? I don’t think it has. NAFTA went into effect on January 1st, 1994. According to figures from the Bureau of Labor Statistics, the number of people employed in America (total non-farm) has gone from 108,313,000 to 138,122,000 between January of 1992 and July of 2007. Here’s a chart (click for full size):
That’s an increase of about 30,000,000 jobs.
Further, in 1992 the unemployment rate was 7.6%. It is now 4.6%, with a low-point of 3.8% coming toward the end of the Clinton administration:

So as far as Edwards’ comment about NAFTA losing us jobs, he is either lying or he has no idea what he’s talking about. Tags: Asshats, Domestic Issues, Politics, The Loony Left



