During her remarks at the 41st Washington Conference on the America's, Secretary of State Hillary Clinton says the Obama administration will soon send the U.S. Congress implementing legislation for free-trade agreements with Panama, Colombia and South Korea. She also highlighted the region's transformation during the past decade, but noted more need to be done as there's still a big gap between rich and poor in the region.
These agreements are likely to further widen the gap between the rich and the poor in the U.S., as well. The outsourcing of American jobs to these countries is inevitable now, which ultimately only benefits the heads of multinational corporations. NAFTA was and is a failure for the United States. Why are we to believe these new pacts will do anything more than push the nation nearer to being a plutocracy?
frozenaorta 7 months ago