Businesses Shreveport’s Lost Through the Years
As one business analyst so accurately put it, "Shreveport is the poster child for the victims of free trade."
Since around 1990, when the term "free trade" began to be bandied about by politicians and big business, the United States has lost close to 10 million jobs when American companies moved their facilities to other countries. And perhaps no place in the USA is a better example of big businesses hunting for cheaper labor than Shreveport and surrounding area.
Some estimates say that we've lost in the range of 25,000 jobs since theNorth American Free Trade Agreement (NAFTA) was passed in 1989 and China was admitted to the World Trade Organization (WTO) in 2001.
Here are the most notable.