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After NAFTA

In recent weeks, we’ve asked you to tell us what you think is causing our persistently high unemployment rate and sluggish economic growth.  Many of you answered with a single acronym: NAFTA.


The North American Free Trade Agreement was engineered by the first Bush Administration and passed by the Clinton Administration.  The idea:  to spur economic growth by eliminating most tariffs — on exports and imports — so everyone could buy products at a cheaper price.

On its face, that sounds pretty good. But critics say eliminating those tariffs made the low cost of doing business abroad too attractive, and as a result, American manufacturing jobs have been decimated. Need to Know correspondent Rick Karr has this report on how NAFTA has changed one Midwestern city.

Take our poll: How do you feel about NAFTA now?

Watch more segments from this episode.