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Article #255

Re: STUDY: NAFTA TO CAUSE U.S. JOB, INCOME LOSS

#255
From: victor yodaiken
Date: Tue, 11 Aug 1992 04:01
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In article <1992Aug9.102017.5190@leland.Stanford.EDU> foster@leland.Stanford.EDU (Pablo Estrada) writes:
>In article <9208050253.AA18988@poly.math.cornell.edu> harelb@MATH.CORNELL.EDU (Harel Barzilai) writes:
>
>>A new study by the Economic Policy Institute concludes that  
>>NAFTA will result in lower wages, fewer jobs and generally  
>>reduced living standards for the majority of U.S. workers. 
>Harel,
>	Excuse me for exposing the validity of your document, but any economist who's read this study knows that it is pure garbage.  
>	

So the authors of the study are not economists? Is this by definition?

>	The empirical methodology employed is simply flawed...In my opinion, the Economic Policy Institute (who will do anything for a fee) produced this report to appease the special interests of labor unions.  A more accurate effect of NAFTA is suggested by th
>e President's Council of Economic Advisors, who predict that at least  325,000 jobs would be created by the end of 1993 alone!!!

And what is the track record of the President's Couuncil of Economic
Advisors? Do they possess a verified scientific methodology which has been
shown to be accurate in predicting economic activity? 

>	Again, I want to emphasize that the data used in this report was made to fit the results they were looking for, and not the true ones.  Let us not alarm people and falsely mislead them.  Instead, be critical about special interest groups trying to sway y
>ou to their position.

Are you able to back this up, or are your critiques of this report purely
on the basis of your antipathy to its conclusions?


-- 


yodaiken@chelm.cs.umass.edu
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From: yodaiken@chelm.cs.umass.edu (victor yodaiken)
Newsgroups: misc.headlines,sci.econ
Subject: Re: STUDY: NAFTA TO CAUSE U.S. JOB, INCOME LOSS
Message-ID: <51653@dime.cs.umass.edu>
Date: 11 Aug 92 04:01:27 GMT
References: <9208050253.AA18988@poly.math.cornell.edu> <1992Aug9.102017.5190@leland.Stanford.EDU>
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