the standard of living in America is going down. Family income dropped from $30,000 in 1989 to $27,000 in 1993. But economists still say ``Don't worry, NAFTA is creating jobs.'' Let us check out those jobs. One million jobs were created by temporary agencies; 800,000 jobs, restaurants and bars; 400,000 jobs, health clubs and casinos; 400,000 jobs in Government. The truth is, the American worker is losing a factory job with full benefits and is now washing dishes and waiting on tables. But Government economists still tell us this is an unfair study, that 1989 was actually a boom year. Boom year? Beam me up, Madam Speaker. The truth is, with economists like this, the only growth industry in America is our bars, restaurants, and Government, and we pay for all of it. Madam Speaker, I yield back the balance of these jobs.
James Traficant: “the standard of living in America is going down. Family income dropped from $30,000 in 1989 to $27,000 in 1993. But…”
Editor's note · Context
Discussing the impact of NAFTA on American jobs and family income.
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