I want to focus on this graph because it is just symbolic of the stupidity that passes for wit on this board.
The label indicates NAFTA brought job losses. I suppose the proof is the growing deficit between imports and exports.
Notice that the line labeled "exports" has increased, just not as fast as imports. So if "exports" have increased, how has that cost Americans jobs? We are exporting more under NAFTA than we did before! There should be more jobs in exporting companies than previously.
The Role of Maquiladoras in Mexico s Export Boom -- Gordon H. Hanson - Research Seminars Migration Dialogue
Executive Summary
Over the last two decades, Mexico has dramatically opened its economy to foreign trade and investment. The country has converted itself from an inward-oriented economy to one in which export production is the main source of economic growth. In 2000, the share of international trade in Mexico¡¯s GDP was 32%, up from 11% in 1980.
The most dynamic exporters in Mexico are in-bond assembly plants, known as maquiladoras. These plants import parts and components from abroad, assemble the inputs into final goods, and then export their output. They are most active in the electronics, auto parts, and apparel industries.
Maquiladoras main point of contact with the Mexican economy is through hiring labor. They purchase few inputs in Mexico and sell virtually none of their output domestically. The United States is the primary source for their inputs and the primary destination market for their sales. While all maquiladoras contract with foreign firms to obtain inputs and distribute outputs, not all are subsidiaries of multinational enterprises. Many are Mexican-owned facilities that deal with multinationals through arms-length transactions.
Between 1990 and 2002, real value added by the maquiladora industry grew at an astounding annual average rate of 10%. To put this growth in perceptive, over the same period real GDP in Mexico expanded by an annual average rate of only 3%. Since 1984, employment in maquiladoras has risen from 180,000 workers to 1.1 million workers, or to over one-quarter of Mexico¡¯s total manufacturing labor force. By 2000, the maquila sector generated 48% of Mexico¡¯s exports and 35% of the country¡¯s imports. These plants remain concentrated in Mexican states along the Mexico-U.S. border, which in 2002 accounted for over 80% of total maquiladora employment.
Ever heard of MADE IN THE U.S.A. and ASSEMBLED IN MEXICO................
Because that is the bulk of exports to Mexico now to assembly plants utilizing cheap labor.