Clinton and Obama on NAFTA

  • Comments
  • Print

Hillary Clinton and Barack Obama suggested to voters before the Ohio primary election early this month that the North American
Free Trade Agreement should be renegotiated because Rust Belt workers are getting a raw deal.

The extent to which Clinton and Obama talk about NAFTA in Indiana before our own primary on May 6 remains to be seen, but
an Indiana University international business professor doubts the candidates believe their own words.

Alan Rugman, a Canadian who helped the government there negotiate the 1994 agreement, says just about everyone knowledgeable
about trade knows the agreement is helping all three countries.

Manufacturing was moving to Mexico and elsewhere long before the deal was signed by then-President Bill Clinton, Rugman says,
so the pact only formalized a reality.

He says NAFTA helped Canada, Mexico and the United States keep up with the rising regional powerhouses of Europe and Asia,
and that the 1,000-page agreement is crafted so well that â??thereâ??s nothing to rewrite.â??

Few of the manufacturing jobs that have been lost to Mexico and now China and elsewhere are coming back, and Clinton and Obama
know it, Rugman says. â??You canâ??t pay people in Ohio a $150,000 subsidy to have a manufacturing job.â??

What do you think?

Please enable JavaScript to view this content.

Editor's note: IBJ is now using a new comment system. Your Disqus account will no longer work on the IBJ site. Instead, you can leave a comment on stories by signing in to your IBJ account. If you have not registered, please sign up for a free account now. Past comments are not currently showing up on stories, but they will be added in the coming weeks. Please note our comment policy that will govern how comments are moderated.

Get the best of Indiana business news. ONLY $1/week Subscribe Now

Get the best of Indiana business news. ONLY $1/week Subscribe Now

Get the best of Indiana business news. ONLY $1/week Subscribe Now

Get the best of Indiana business news. ONLY $1/week Subscribe Now

Get the best of Indiana business news.

Limited-time introductory offer for new subscribers

ONLY $1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Get the best of Indiana business news.

Limited-time introductory offer for new subscribers

ONLY $1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Get the best of Indiana business news.

Limited-time introductory offer for new subscribers

ONLY $1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Get the best of Indiana business news.

Limited-time introductory offer for new subscribers

ONLY $1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In