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In reply to the discussion: Confirmed- 124 dead in Wal-Mart supplier factory fire [View all]joshcryer
(62,269 posts)34. It was thought of as a nice bit of internationalism.
Krugman does admit that the effects were worse than he expected, I think.
Krugman actually believed NAFTA's effect was "trivial" on the scheme of things and the foreign policy aspects were worth it.
While NAFTA's labor and environmental costs will be minimal, the U.S. public believes otherwise. At the same time, NAFTA's economic benefit to the United States, while real, will be small. One might then ask: Why should the Clinton administration expend a great deal of its depleted political capital in pursuit of an unpopular and economically trivial agreement? The answer is that Mexico's government needs NAFTA, and the United States has a strong interest in helping that government.
That trivial economic impact didn't happen, but the converse did, so the effects were far worse than anyone could've imagined.
Note: I don't always agree with Krugman, either. I'm saying Clinton had a liberal backing him. Foolhardy, yeah, but back then it wasn't seen as an economic thing, it was purely internationalist. A lot of left leaning people make really bad internationalist mistakes (see, for example, Cuba's "internationalism" in Angola).
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Yes. Yes, he did. We knew Ross Perot was right, but let's say why we trusted Clinton more...
ancianita
Nov 2012
#45
I knew then that we were doomed, the Social Contract was gone. Though the 80% figure seems a little
ancianita
Nov 2012
#46
Let's hope it wasn't some crazy violent anarchist piggybacking off the strikes of Walmart
graham4anything
Nov 2012
#4
the article says the cause is unknown, and i get suspicion when there are 'coincidences"
graham4anything
Nov 2012
#10
Ha, ha, you're funny, but sissy is too tired to play your game. Do your own reading. & . . .
patrice
Nov 2012
#39
You're absolutely right. This isn't fatalism here. This is a refusal of those with money to value
ancianita
Nov 2012
#47
I hope that like the Triangle Fire a century ago that this marks a turning point
Hekate
Nov 2012
#50
I'm union, too. It takes all kinds to make a country. Don't piss on others here.
ancianita
Nov 2012
#53
I agree with that, Nye Bevan. If health and safety standards don't meet some minimum standard,
slackmaster
Nov 2012
#63