The irony is we are actually better off with NAFTA(and other trade agreements like this) then we were before it. I mean there will always be "losers" no matter what and by "losers" I mean those that get the short end of the straw, not "losers" as in bums. However, we are better off now then compared to if we would have kept the status quo. I remember when NAFTA was a big deal and people used to have picket signs that said: "After NAFTA the SHAFTA". For them, that could have very well been true, I don't remember what happened to them, but as a whole we are far better off then before.

Now eventually no matter where a company is or where they produce their products, it will even out with what the costs to produce things here. Arbitrage doesn't last forever.