A Wall Street Journal writer, a trade representative and a Congressman walk into a Denver pot store and the clerk says, "What is this, a joke?"
The writer says, “I know I really shouldn’t, but I just NAFTA!”
In reality, WSJ writer Mary Anastasia O'Grady wrote about the 20th anniversary of the North American Free Trade Agreement (NAFTA): “A continental web of supply chains now supports production facilities and serves consumers in three countries with a combined population of 470 million.”
The new book by Pulitzer Prize-winning journalists Donald Barlett and James Steele is, they say, “the story of how a small number of people in power have deliberately put in place policies that have enriched themselves while cutting the ground out from underneath America’s greatest asset – its middle class.
General Motors in mid-February announced its highest annual profits ever -- $7.6 billion in 2011 profits on revenues of $105 billion. That’s not only an increase of 62% from the year before, it’s just two years since GM reorganized under federal bankruptcy law – helped by $82 billion in taxpayer money.