Posted on 07/28/2005 8:13:58 AM PDT by Happy2BMe
Because we are able to concetrate better on the industries and services that we provide, while being able to purchase raw materials and manufactured goods more cheaply...it is win-win baby.
When the votes are rilly close, THAT's when these yo-yoes show the skull and crossbones--their true colors of their hearts.
ROTF....
"It really comes down to this:
Capitalists and free traders see no limit to the power of markets and wealth...
Protectionists think there is a limited amount of wealth to be created (almost a communistic way of lokking at the world economy)."
Agree completely. Most protectionists I come across are unmotivated and uninspired people. Like the 70 year old man who curses out computers and the internet and refuses to learn it.
did anyone from our state vote against?
I am proud of the guys that got this done...though CAFTA is only a very small trade agreement, it bodes well for the future. Just my $.02.
Kudos to the Dems who crossed over (we spend enogh time bashing them, might as well through them a bone when they actually get it right).
" In all accounts he's right but from what I've read many who lost good paying jobs now have to work two or three lower paying jobs to maintain their standard of living."
I hear this garbage all the time. It's a wonder I never run into these people.
Everybody I know is living light years better than they were 10 years ago, and it's not even close.
Learn new skills, find a new job. There's tons of high paying jobs out there if you have the motivation and initiative to find them. People who refuse to adjust are going to suffer, that's not my problem that they chose to go down that road. I'll continue to thrive.
Many fortunes were made in the last five.
Millions and millions of dollars in campaign monies were made along with hundreds of multi-million dollar projects for various congressional districts.
In short: The vote was bought and America will pay the price.
I look to NAFTA as evidence how this new agreement will be a setback in sectors of our economic expansion. DuPont had a polyesters plant near my hometown and as soon as NAFTA was passed, they began "downsizing" and offering early retirements. Many employees stayed on because they simply didn't have the years to qualify. DuPont "sold" the operation to a Mexican outfit (because as allowable under NAFTA, Mexico requires their nationals maintain controlling shares of businesses) and moved all the process equipment to Mexico.
In US beef sales, think of it this way - there are a limited number of metric tons of beef to be sold on the "world market" in excess of what US consumers purchase. When those other markets "open" and can only afford a break even price for the product, that open market will have the US and foreign consumers competing for US beef and who will end up paying more? US consumers because distributors will realize they can make up more than the difference from Americans and they'll view that difference as increased profits. Unless there is an adequate producer increase to keep up with both domestic and foreign demand which would help keep prices low, watch and see what happens. $8-12 lb for "high quality" beef will be commonplace.
Really?
I suppose any treat we sign then becomes the Supreme law of the land...Was NATO unconstitutional?
Does the constitution not give the executive branch the right to make treaties? You might want to read it, Justice Calegero.
CO was a split. Musgrave and BeaupreZ- Aye, Tancredo and Salazar- Not
If NAFTA was bad, why has the economy expanded at a rate of 4% per year since we signed it?
Candice miller. No to CAFTA and strong on border control.
99% of everyone on this thread is totally oblivious to the political cost of CAFTA that you alluded to in #67.
Case in point.. Visit your average trailer park.
My wife's a case worker and sees them all the time. They are filled with DirecTV satellites, DVD Players, Big Screen TV's, and empty beer cans littered on the floor.
Yes, the standard of living in the United States is just plummeting.
""The choice was CAFTA or give Central America to China."
That is about as true as we need 40 million illiterate uneducated illegals to pick fruit.
I just returned from China. I do business there every year. China wants OUR a$$, not a bunch of peasants from Central America.
I was really hoping that you left off the /sarcasm tag on your previous post.
I'm sure you also think the NAFTA treaty sellout has also been a roaring success for America.
Why, in your opinion, do you think CAFTA will be good for America. Please realize that I do not give two shits about the rest of the world's economies, I just want to know how this latest socialistic crap is going to benefit us.
Thank you in advance.
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