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To: Nachum

What would the effect have been on domestic prices?

The greatest export of the Thid World is deflation.


141 posted on 07/27/2005 10:28:58 PM PDT by RWR8189 (I Will Sit on My Hands in 2008 Instead of Voting for McCain)(No Money for the NRSC)
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To: RWR8189
What would the effect have been on domestic prices? The greatest export of the Thid World is deflation.

While domestic prices are deflated from lower labor costs, a new bar is set for American labor itself. Americans run to purchase cheaper items and pay for it in other ways.

NAFTA has helped deflate wages in important industries and put us at the mercy of foreign nations. Once again, I maintain that our country can survive it, but it has hurt us. It is also a great risk to our national security. One example of this is that the largest national profit for Mexico is now the cash that Mexican workers in America send to Mexico.

169 posted on 07/27/2005 10:50:08 PM PDT by Nachum
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