January 17, 2012 | By Javier Manjarres | Facebook | Twitter

Rick Santorum- “NAFTA is a Good Thing”

By Javier Manjarres

Three GOP presidential hopefuls- Rick Santorum, Rick Perry, and Newt Gingrich addressed the South Carolina Chamber of Commerce’s ‘Business Speaks’ conference in hopes of wooing its business leaders’ support of their jobs and economic agendas. During his speech, Santorum stated that the North American Free Trade Agreement, aka “NAFTA” was a “good thing,” and gave a spirited defense of the trade agreement.

Remember that it was good ‘ol Ross Perot who believed that the ratification of NAFTA would set off a “giant sucking sound” that would lead to the loss of American jobs, manufacturing, and investment to Mexico. Fortunately for the United States, that sucking sound never came to fruition and Perot’s alarmist protectionism went by the wayside, as exports spiked and the economy added over 18 million new jobs in the ten years following the signing of NAFTA.

I am willing to bet good money that there’s more than one protectionist lurking out there just waiting to pounce and inform us that NAFTA was an economic Armageddon which cost American jobs and drove our country off the cliff before President Obama was even a sparkle on the political landscape. Was Rick Santorum correct about NAFTA?

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