When Will It End??
It is true that with each passing year more and more immigrants seek for a second chance here in the land of milk and honey.
Nearly a decade later, The North American Free Trade Agreement (NAFTA) passed on January 1 1994 links 450 million people that produced $17 trillion dollars in output. NAFTA promised not only to aid U.S Citizens but also those abroad. To be precise, according to citizens.org it promised it "would create tens of thousands of good jobs here in the U.S. and that farmers would export their way to wealth. In addition, "NAFTA would bring Mexico’s standard of living up, providing new economic opportunities there that would reduce immigration to the United States".
So who could lose? Well with over a $181 billion dollar deficit as of 2012,the elimination of five million manufacturing jobs, a 20 percent decrease in salaries, the closure of 60,000 manufacturing facilities, inefficiency of properly check food supply, NAFTA had left many Americans without hope.
Yet an even bigger impact was felt by the Mexican population. Starting with the dislocation of many Mexicans in the countryside, a 66 percent decrease in wages for Mexican farm workers causing the inability to pay for their lands. Leaving half of the Mexican population earning less than the minimum wage needed for basic food necessities. Over 700,000 people with out jobs, Mexico's economy is slowly dissolving.
Little change has been seen in this past decade except trillions of dollars made, unemployment rate on the rise, migration into the United States inevitable.
Great job, Barbara!
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