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If you consider that a typical Central American consumer earns only a small fraction of an average American worker's wages, it becomes clear that CAFTA's true goal is not to the increase U.S. exports.
Stephen F. Lynch
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Stephen F. Lynch
Age: 69
Born: 1955
Born: March 31
Lawyer
Politician
Trade Unionist
U.S. Representative
Boston
Massachusetts
Stephen Lynch
Stephen Francis Lynch
S. F. Lynch
Clear
Central
Exports
Goal
Consumers
Earns
American
Workers
Fraction
True
Consider
Fractions
Average
Worker
Increase
Consumer
Becomes
Wages
Small
Typical
Cafta
More quotes by Stephen F. Lynch
I am told that the clinical definition of insanity is the tendency to do the same thing over and over again and expect different results.
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Free trade should not mean free labor.
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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.
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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.
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Trade reform has also been linked to increased income disparity as skilled workers have captured more benefits from globalization than their unskilled counterparts.
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Average real wages in Mexican manufacturing are lower than they were 10 years ago, if you can believe that.
Stephen F. Lynch
Likewise, free trade does not, as evidenced in CAFTA, mean fair trade.
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