City17 said:
Well we didn't resist NAFTA very much even though the major concensus was that it would be harder on us economy wise in the long run... |
Major consensus among the people...
Most of the economists loved the idea. Espiecally left wing ones. Clinton after all was a "Big Buisness" Democrat.
He did it to please the buisnesses and as a first step to transition us out of a labor intensive country and to push us even more towards the service industries.
It really wasn't about a NAU. It was just what economists at the time thought was a good idea. "You'll hurt a bit and be better off in the future."
It's still what most economists believe... though some more conversvative ones have backed off it.








