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To: Betaille

Agree, trade is good for the economy. NAFTA may hurt some domestic industries but it helps others...it's just the way it is.


13 posted on 01/27/2005 2:59:52 PM PST by Tulane
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To: Tulane

"NAFTA may hurt some domestic industries but it helps others"
From an economic standpoint, the industries geting hurt by it is also a good thing. We operate on a profit and loss sytem, whereby profitable enterprises are created and expanded, while loss-making relatively inefficient enterprises have to become more efficient, become smaller, or dissapear. If you only have the profit side of the system, we would be holding our economy back. Think about this fact... virtually all of the jobs that exist today didn't exist as they are 50 years ago. That means that some companies and jobs had to fail for new ones to arise.


14 posted on 01/27/2005 3:07:48 PM PST by Betaille (Harry Potter is a Right-Winger)
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