Ted Frazier
Gold Member
- Nov 12, 2016
- 3,102
- 621
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- Banned
- #1
At first I thought Trump had finally done something great. Then I read what the experts say:
"This isn’t a revolutionary deal. It’s a modification of a deal already in place,” said Eric Winograd, senior U.S. economist at AllianceBernstein, an investment and research firm. “The total economic impact will be very small. I do not expect it to boost the U.S. economy.”
Analysts say Trump may be overly optimistic on new North American trade dealLorenzo Caliendo, an economics professor at Yale University’s School of Management who co-authored a NAFTA study published in 2015 that concluded each American had gained about $45 a year from that treaty, said the new agreement would “clearly not” return significant numbers of manufacturing jobs to the United States.