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NAFTA Has Practically Expelled Our Best Companies
E-I-C ^ | 8/26/16 | G. Barlow

Posted on 12/22/2016 5:07:55 AM PST by central_va

Since the passage of NAFTA, the American economy, which was already stagnating, has gone downhill at an increasing clip. When we examine the details of the “free trade” agreement, it is easy to see why it has caused so much devastation.

(Excerpt) Read more at economyincrisis.org ...


TOPICS: Business/Economy; Foreign Affairs; Government; News/Current Events
KEYWORDS: nafta; shafta; trade
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We had a small trade surplus with Mexico in 1993 before signing NAFTA. By 2011, that surplus had turned into a $103 billion deficit. The combined deficit with Canada and Mexico rose to $185 billion – an astounding 691% increase! Illegal immigrants in the U.S. increased to 23 million in 2010 from 3.9 million in 1993, an overall increase of over 590%. Since NAFTA was implemented, 300,000 American family farms have been put out of business. Overall, net farm incomes are down 13%.
1 posted on 12/22/2016 5:07:55 AM PST by central_va
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To: central_va

America has no trade deficit

The imbalance is between American citizens and companies that choose to take advantage of lower prices

Your premise is garbage


2 posted on 12/22/2016 5:10:48 AM PST by bert (K.E.; N.P.; GOPc;WASP .... Macroagression melts snowflakes)
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To: central_va

In the much discussed Carrier situation, Carrier employees in Indianapolis were making on average $23/hr. In Mexico, the workers will make $3/hr.


3 posted on 12/22/2016 5:14:51 AM PST by IamConservative (Hillary walks while 100's of teens get prosecuted for mishandling Miley Cyrus MP3's..)
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To: bert
Wait, do budget deficits matter? Which deficits matter to the gloBULLists? When I was a kid we made fun of debtor nations. Now trade deficits don't matter.

You are an idiot. Better yet, just Godless state-less evil.....

4 posted on 12/22/2016 5:14:58 AM PST by central_va (I won't be reconstructed and I do not give a damn.)
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To: central_va

http://opiniojuris.org/2008/02/27/can-president-obama-withdraw-the-us-from-nafta/


5 posted on 12/22/2016 5:15:44 AM PST by Sacajaweau
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To: Soul of the South

ping


6 posted on 12/22/2016 5:16:32 AM PST by central_va (I won't be reconstructed and I do not give a damn.)
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To: central_va
NAFTA Has Practically Expelled Our Best Companies

NAFTA hasn't expelled a single U.S. company, best or otherwise. They went south of the border on their own free will.

7 posted on 12/22/2016 5:17:06 AM PST by DoodleDawg
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To: wastedyears

bookmark


8 posted on 12/22/2016 5:17:35 AM PST by wastedyears (all the snowflake tears can create a new ocean)
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To: central_va

I’m going to enjoy the DJT presidency. Watching globalists flail about is hilarious :)


9 posted on 12/22/2016 5:17:49 AM PST by JonPreston
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To: DoodleDawg

The word “practically” means it s tantamount to expelling. English not your first language?


10 posted on 12/22/2016 5:18:14 AM PST by central_va (I won't be reconstructed and I do not give a damn.)
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Bm


11 posted on 12/22/2016 5:22:11 AM PST by CommieCutter ("Trump is god emperor and he will win." -- some hacker)
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To: central_va

I tried to get IBTFTA...I failed.


12 posted on 12/22/2016 5:40:53 AM PST by logi_cal869 (-cynicus-)
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To: central_va
The word “practically” means it s tantamount to expelling. English not your first language?

It is. I'm wondering if it's yours.

13 posted on 12/22/2016 5:42:03 AM PST by DoodleDawg
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To: central_va

Another NAFTA thread with more confusion between the budget and trade deficits. Typical.


14 posted on 12/22/2016 5:47:00 AM PST by 1rudeboy
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To: central_va
I've love to see those numbers adjusted for oil imports. It's no coincidence that Canada and Mexico both surpassed Saudi Arabia as the largest sources of foreign crude oil for the U.S. in the late 1990s.

To get a valid comparison before and after NAFTA, we'd have to eliminate any imports from these countries that replaced imports from other countries.

15 posted on 12/22/2016 5:47:59 AM PST by Alberta's Child ("Yo, bartender -- Jobu needs a refill!")
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To: central_va
Since the passage of NAFTA, the American economy, which was already stagnating, has gone downhill at an increasing clip.

No need to read the rest of the article when the very first sentence is utterly and verifiably false.

16 posted on 12/22/2016 5:50:01 AM PST by Alberta's Child ("Yo, bartender -- Jobu needs a refill!")
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To: central_va
Told ya so!!


17 posted on 12/22/2016 5:53:06 AM PST by Buckeye McFrog
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To: central_va
The combined deficit with Canada and Mexico rose to $185 billion – an astounding 691% increase! Illegal immigrants in the U.S. increased to 23 million in 2010 from 3.9 million in 1993, an overall increase of over 590%.

That makes perfect sense, all our jobs went to Mexico and in response, all the Mexicans came here.

18 posted on 12/22/2016 6:07:37 AM PST by Toddsterpatriot ("Telling the government to lower trade barriers to zero...is government interference" central_va)
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To: Toddsterpatriot
That makes perfect sense, all our jobs went to Mexico and in response, all the Mexicans came here.

We should send more manufacturing employment to Mexico in order to send the illegal immigrants back, according to you?

19 posted on 12/22/2016 6:09:24 AM PST by RegulatorCountry
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To: RegulatorCountry
We should send more manufacturing employment to Mexico in order to send the illegal immigrants back, according to you?

Don't be stupid. Sending manufacturing jobs to Mexico pulls illegal aliens into the US.

20 posted on 12/22/2016 6:11:02 AM PST by Toddsterpatriot ("Telling the government to lower trade barriers to zero...is government interference" central_va)
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