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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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To: bert

what does that even mean? Are you saying trade deficits don’t exist? Nor surpluses?


21 posted on 12/22/2016 6:12:57 AM PST by wiggen (#JeSuisCharlie)
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To: Toddsterpatriot
Don't be stupid. Sending manufacturing jobs to Mexico pulls illegal aliens into the US.

Great! We should bring manufacturing jobs back from Mexico and deport the illegal aliens. We're in very, very rare agreement here, TP.

22 posted on 12/22/2016 6:13:29 AM PST by RegulatorCountry
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To: RegulatorCountry
Sounds good. Build the wall and deport 20 million illegals.

I've always been in favor of securing the border and booting illegals. Glad you're on the same page.

23 posted on 12/22/2016 6:18:56 AM PST by Toddsterpatriot ("Telling the government to lower trade barriers to zero...is government interference" central_va)
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To: DoodleDawg

” They went south of the border on their own free will. “

When there’s too many regulations and taxes here, and none in Mexico, lower wages and no tariffs, well yeah....

That’s like saying: People left East Germany of their own free will.


24 posted on 12/22/2016 6:32:11 AM PST by JPJones (George Washington's Tariffs were Patriotic. Build a Wall and Build a Wall of tariffs.)
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To: central_va

Sounds like a sucking sound, it does.


25 posted on 12/22/2016 6:40:39 AM PST by Paladin2 (No spellcheck. It's too much work to undo the auto wrong word substitution on mobile devices.)
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To: Buckeye McFrog
Yes, Perot warned us about NAFTA and as a businessman at the time it was obvious to me it would kill American jobs. However, Perot was an interloper putz with his stupid "family being targeted" when he pulled out. Plus his singular juvenile talking point, "Well, I'll just fix it" and HW Bush going back on his pledge "Read my lips. No more new taxes", is why we got stuck with Billy Clinton for 8 years.

Also, Bush Sr. badmouthed Reagan's trickle down theory and called it "Voodoo Economics". Trickle down economics works! The more money companies/corporations make, the more they have to invest to creates jobs which creates ancillary jobs which all creates wealth. Reagan proved that by signing deregulation legislation.

It was one of the biggest growth eras in American history. I remember driving from San Diego to Long Beach where my ship was dry docked and noticing all the cranes/construction along the way. I was amazed at the time.

26 posted on 12/22/2016 6:42:35 AM PST by A Navy Vet (I'm not Islamophobic - I'm Islamonauseous. Plus LGBTQxyz nauseous.)
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To: Toddsterpatriot
"Yur gonna hear a giahnt suckin sound of jahbs goin to Mexico, and Mexicans goin here to take our jahbs."
--Ross Perot

27 posted on 12/22/2016 6:49:29 AM PST by 1rudeboy
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To: DoodleDawg

Yes, and the stupid arguments that ensue show that people do no really understand economics and markets. When someone “called down” Trump on why he did business with the same Chinese he was criticizing for taking our jobs, he said that he was a businessman and the poor trade deals forced him to do that to compete in the market place. What followed in the media collective was crickets chirping...Why? Why weren’t Hillary and her minions hitting him every day on that topic? Funny thing is they could have and most people would have bought the premise that he was just an evil capitalist. Sad state of affairs.


28 posted on 12/22/2016 6:53:08 AM PST by gr8eman (Keep Winning!)
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To: wiggen

Yes.

What are described as trade deficits are imbalances in the accounts of individuals and businesses. That is individual Americans and companies buy more from a specific country than other individuals sell to that nation to create what is politically termed as a trade deficit.

These trade imbalances are not sovereign. That is the imbalance does not occur when one government buys more than it sells.


29 posted on 12/22/2016 7:31:45 AM PST by bert (K.E.; N.P.; GOPc;WASP .... Macroagression melts snowflakes)
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To: 1rudeboy
"Yur gonna hear a giahnt suckin sound of jahbs goin to Mexico, and Mexicans goin here to take our jahbs." --Ross Perot
Perot, though characterized as a comic figure by the media, was correct.

He could have helped himself by more adequately explaining his economic policies than telling Larry King "Just get under the hood and fix it, Larry."

30 posted on 12/22/2016 7:36:01 AM PST by citizen (Sanctuary cities: Illegals move in for free stuff, residents move out b/c they can't pay the taxes.)
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To: citizen

Perot was a nitwit who followed Milton Friedman’s adage that businessmen believe in the free market for everyone but themselves. What he said was from political, not personal, belief.


31 posted on 12/22/2016 8:08:47 AM PST by 1rudeboy
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To: central_va

The only deficit we have is of national backbone.

We have...or at least HAD...more than enough ability to make almost everything we needed right here at home. And America is one of the very very few nations in the history of the entire world that could say that.

Instead we’ve chosen for years to gamble on letting companies offshore jobs to peasant labor in return for slightly lower prices on cheap goods sold to the rest of the dwindling middle class. Now we’re at the tipping point of starving too many gooses that lay golden eggs.


32 posted on 12/22/2016 11:35:41 AM PST by Laser_Ray
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To: Laser_Ray

With our resources and population the only reason we off shore is because of corporate greed and profit. Manufacturing in the USA has always been profitable. These state-less CEO’s and their international stock holders can never have enough and they hate borders.


33 posted on 12/22/2016 11:53:25 AM PST by central_va (I won't be reconstructed and I do not give a damn.)
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To: central_va
Manufacturing in the USA has always been profitable.

You bet! GM used to make tons of money....and crappy cars.

34 posted on 12/22/2016 12:01:28 PM PST by Toddsterpatriot ("Telling the government to lower trade barriers to zero...is government interference" central_va)
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To: Toddsterpatriot

If it weren’t for competition from Honda and Toyota in the 1980s, GM would still be trying to sell us Chevy Citations.


35 posted on 12/22/2016 12:57:58 PM PST by riverdawg
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To: riverdawg

Yup. Damn those Japs for forcing them to improve.


36 posted on 12/22/2016 1:01:02 PM PST by Toddsterpatriot ("Telling the government to lower trade barriers to zero...is government interference" central_va)
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To: bert

“These trade imbalances are not sovereign. That is the imbalance does not occur when one government buys more than it sells.”

It’s not as simple as that: China and other surplus countries use their dollars to buy US Treasuries.

The only product we sell that they want.


37 posted on 12/22/2016 3:55:51 PM PST by JPJones (George Washington's Tariffs were Patriotic. Build a Wall and Build a Wall of tariffs.)
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To: Toddsterpatriot

The crappy cars were a function of engineering and quality control.


38 posted on 12/23/2016 12:00:16 PM PST by central_va (I won't be reconstructed and I do not give a damn.)
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To: central_va

And a lack of competition.


39 posted on 12/23/2016 12:12:13 PM PST by Toddsterpatriot ("Telling the government to lower trade barriers to zero...is government interference" central_va)
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To: Toddsterpatriot

It wasn’t a lack of competition. There were 4 major builders. The cars made in the 50’s and 60’s were beautiful and easy on the wallet. I could fix almost everything on one myself. Rust being the worst problem. It isn’t like foreign imports didn’t rust. Toyotas were known as rust buckets for many years. Unfortunately the gas crises ended the fun.


40 posted on 12/23/2016 12:23:29 PM PST by central_va (I won't be reconstructed and I do not give a damn.)
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