Trade Expert: Why TPP — “NAFTA On Steroids” — Must Be Stopped
Global Trade Watch Director Lori Wallach spoke to Moyers & Company about NAFTA at age 20, and what it portends for other trade treaties like the Trans-Pacific Partnership.
Via Moyers & Company:
The post-NAFTA era has been marked by growing inequality, declining job security and new leverage for corporations to attack government regulations enacted in the public interest.
But it wasn’t supposed to be that way. Back in 1986, when the leaders of the US, Canada and Mexico began talks on a regional trade deal that eight years later would culminate in the signing of the North American Free Trade Agreement (NAFTA), they sold the pact to the public as an economic win-win for all parties involved.
On signing the treaty in 1994, then-President Bill Clinton said, “NAFTA means jobs. American j...