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To: n-tres-ted

You seem to be utterly clueless to the fact that since NAFTA and GATT our trade deficits and budget deficits have soared, same with illegal immigration (which includes numerous thugs committing all sorts of mayhem on Americans), debt at all levels (fed, personal, corporate) has increased tremendously, property taxes in areas servicing illegals rise unabated to deliver them all their "services" and benefits, etc. so try as I might fail to see how this all works in the interest of working people.


26 posted on 07/18/2005 2:17:29 PM PDT by american spirit
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To: american spirit

"You seem to be utterly clueless to the fact that since NAFTA and GATT our trade deficits and budget deficits have soared, same with illegal immigration (which includes numerous thugs committing all sorts of mayhem on Americans), debt at all levels (fed, personal, corporate) has increased tremendously, property taxes in areas servicing illegals rise unabated to deliver them all their "services" and benefits, etc. so try as I might fail to see how this all works in the interest of working people."

I think he's probably well aware of these facts but has a personal financial agenda he is following.


57 posted on 07/18/2005 4:05:52 PM PDT by dljordan
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To: american spirit
You seem to be utterly clueless to the fact that since NAFTA and GATT our trade deficits and budget deficits have soared, same with illegal immigration (which includes numerous thugs committing all sorts of mayhem on Americans), debt at all levels (fed, personal, corporate) has increased tremendously, property taxes in areas servicing illegals rise unabated to deliver them all their "services" and benefits, etc. so try as I might fail to see how this all works in the interest of working people.

I respect your concerns, and would like to comment about them. The trade deficit and the budget deficit are two different matters, but neither has worsened due to NAFTA or GATT. The trade deficit has grown for three reasons: (1) the U.S. is producing wealth faster than any other country, and our citizens are free to spend for whatever they choose; (2) the Fed has either caused or allowed the dollar's value to fall too much, producing the result that foreign goods cost more and U.S. goods are sold more cheaply, and meaning we pay more and get less in foreign trade; and (3) our tax system presently taxes labor and capital, and about 22%-26% of the cost of U.S. goods and services are imbedded taxes, which puts our producers at an unfair advantage.

As to illegal immigration, I think both NAFTA and CAFTA will reduce the economic pressure on people in other countries to cross our borders illegally. As to the federal deficit, it is dependent much more upon the decisions of Congress than upon trade, and indeed our budget would be much worse if we adopted protectionist policies.

65 posted on 07/18/2005 6:50:20 PM PDT by n-tres-ted (Remember November!)
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