Forget ISIS, worry about ISDS foreign trade pact clause, economists say
Many Americans are naturally skeptical of international trade deals. Their misgivings go back more than two decades.
Remember how in 1992 independent presidential candidate Ross Perot warned that a "giant sucking sound" would be heard with jobs leaving the U.S. for Mexico under the North American Free Trade Agreement?
Well, NAFTA was approved anyway.
Fast forward to 2016. Nobel prize-winning economist Joseph Stiglitz, head of the Council of Economic Advisors under then-President Bill Clinton, is sounding the alarm about a potentially disastrous but little-noticed feature of the... read more
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