By Jim Goodman, Common Dreams
While the Boston Globe
indicated NAFTA was bad for U.S. jobs and the environment, the San Francisco Chronicle
noted that under NAFTA multinational corporations had been able to cut labor costs and increase their profits. KORUS will be no different: bad for workers, good for corporate profits. The U.S. International Trade Commission
estimates that under KORUS, the U.S. trade deficit would, again, increase and U.S. jobs would, again, be lost.