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.
Stephen F. LynchTrade reform has also been linked to increased income disparity as skilled workers have captured more benefits from globalization than their unskilled counterparts.
Stephen F. LynchAverage real wages in Mexican manufacturing are lower than they were 10 years ago, if you can believe that.
Stephen F. LynchIf 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