The biggest share of U.S. exports to the six CAFTA nations is not the traditional job-creation kind. These are products that are not consumed in the purchasing nations.
More Quotes from Stephen F. Lynch:
Since NAFTA was put in place, Mexico has lost 1.9 million jobs and most Mexicans' real wages have fallen.Stephen F. Lynch
Trade reform has also been linked to increased income disparity as skilled workers have captured more benefits from globalization than their unskilled counterparts.
Stephen F. Lynch
Proponents of the Central America Free Trade Agreement have conveniently ignored this fundamental fact: the effect of trade on incomes in Central America and how to alleviate the adverse consequences of trade liberalization on the poor.
Stephen F. Lynch
Average real wages in Mexican manufacturing are lower than they were 10 years ago, if you can believe that.
Stephen F. Lynch
Unfortunately, there is no job mobility in Central America, and these workers are stuck, and there will be no place for them to turn.
Stephen F. Lynch
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