Friday Wrap-Up: Top 50 Facts About Hillary Clinton From Trump 'Stakes Of The Election' Address Fact 1: Clinton Trade Deals Are Disastrous
Trump: "This includes fixing all of our many disastrous trade deals and they are disastrous, theyre destroying our country, because its not just the political system thats rigged, its the whole economy.
(Donald Trump, Speech On Hillary Clinton, New York, NY, 6/22/16) More Than 5 Million U.S. Manufacturing Jobs Were Lost Between 1997 And 2014, Primarily Due To Growing Trade Deficits With Countries That Have Negotiated Trade And Investment Deals With The United States. This Is A Loss Of One-Third Of U.S. Manufacturing During The NAFTA China Era. More than 5 million U.S. manufacturing jobs were lost between 1997 and 2014, and most of those job losses were due to growing trade deficits with countries that have negotiated trade and investment deals with the United States. (Robert E. Scott, Fast Track To Lost Jobs And Lower Wages, Economic Policy Institutes Working Economics Blog, 4/13/15)
In December 2014, There Were 12,294 Million U.S. Manufacturing Jobs, Down From 17,297,000 U.S. Manufacturing Jobs In 1997. (Bureau Of Labor Statistics, Accessed 6/24/16)
Since NAFTA Took Effect In January 1994, The U.S. Has Lost 4,570,000 Manufacturing Jobs, A 27 Percent Decline. (Bureau Of Labor Statistics, Accessed 6/21/16)
In May 2016, The U.S. Had 12,285,000 Manufacturing Jobs, Down From 16,855,000 Manufacturing Jobs In January 1994. (Bureau Of Labor Statistics, Accessed 6/21/16)
The North American Free Trade Agreement (NAFTA) Entered Into Force On January 1, 1994. (M. Angeles Villarreal and Ian Fergusson, The North American Free Trade Agreement (NAFTA), Congressional Research Service, 4/16/15)
Poster Comment:
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