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Originally Posted by Jet Gorgon  The quote seems to mock OB for pandying to golly-gee Canada. |
I presume you meant "pandering;" if so, how do you think Obama pandering to Canada?
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Originally Posted by Jet Gorgon I thought Ohio lost more than 20,000 mfg jobs? |
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Ohio alone had lost a net 50,000 jobs as a result of NAFTA, according to a 2006 analysis by the Economic Policy Institute in Washington.
...Three-way trade has soared and unemployment in the U.S. is substantially lower now than it was 14 years ago -- 4.9% in January 2008 compared with 6.6% in January 1994. American shoppers have benefited from lower prices on imported goods, and U.S.-based multinational companies have boosted their competitiveness by whittling production costs.
Yet there is growing wariness among the public that the U.S. is giving away more than it's getting. After all, the nation has lost 3.1 million manufacturing jobs since 1994, and its trade deficit with Mexico and Canada has risen to $138.5 billion last year from $9.1 billion in 1993.
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