Quoted:According to the Bureau of Labor Statistics, the US economy added a total of over 20 MILLION NET FULL TIME JOBS between January 1994 (when NAFTA took effect) and June of 2005. The average wage, again according to BLS figures, rose from $11 to $16 per hour.
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I would ask again that we refrain from including the growth of technology sector jobs, as neither NAFTA nor CAFTA can claim to be part of that increase. Instead, I think you will have a much harder time painting a rosy picture if you stick to things like manufacturing and textiles, both of which
are affected by the agreements. Please compare apples to apples.
The last BLS figures I saw were through 2004, and the number was closer to ~16 million net (seasonally adjusted) jobs. I seriously doubt that we added 4 million new jobs in the first 6 months of 2005 (but feel free to prove me wrong). Further, I do not have the numbers for historic annual job growth, but I do have the numbers for raw population growth during the same ten year period: >33 Million people. I would "guess" that job growth is tied
a bit to that number.
While I posted nothing to dispute your wage earning numbers, (and quite frankly believe that they are close to irrelevent), when one considers a historical yearly inflation increase of about 3.5%:
In 1994, the average hourly earning was, $11.32. The 2004 average was $15.67, or roughly $0.39 higer than where that historical average inflation should put it. However, the yearly inflation rates were lower during the 90's which makes increase a bit more impressive. That said, while our average hourly wages are getting better, they are not necessarily growing as fast or better as inflation over the long term.
From where did you get your silly loss of 4 million jobs figure?
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It was an excerpt from a UC Berkley study on the economic impact of the proposed impact of the FTAA. I just double checked the BLS website, and it looks like I was wrong. The 4 million manufacturing jobs that moved overseas must have been a
gross figure. My apologies.
The actual number from 1994 to 2004 is
2.7 million net manufacturing job losses. Again,
that number is according to the BLS.
As for which part of the Constitution would allow Congress to pass such laws, try Article I, Section 8:
The Congress shall have power to... regulate commerce with foreign nations, and among the several states, and with the Indian tribes;
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I still fail to see where Congress has the power to abdicate their responsibility and give the power to
...regulate commerce with foreign nations, and among the several states..
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to a third party bureacracy (the WTO) made up of member nations, which is
exactly what our involvement in NAFTA and CAFTA does.
The idea of stretching the Constitution's commerce clause to include subjecting American businesses to so-called "Free Trade Agreements" regulated and enforced by an international body is worthy of a seat on the bench of the Ninth Circuit.
C'mon. You're a historian. Do you honestly believe that was the intent of the Founding Fathers?