And the anti-NAFTA crowd expected a giant sucking sound. They were wrong.
Require Mexican exporters to pay xx% of US minimum wage to avoid a tariff.
And that would have helped Mexico create more jobs?
“Require Mexican exporters to pay xx% of US minimum wage to avoid a tariff.
And that would have helped Mexico create more jobs?”
Absolutely, it would have increased the buying power of Mexican consumers, increased demand for goods and services in Mexico, and led to an increase in jobs in Mexico.
Did anyone ever tell you that a middle class with significant buying power is what separates healthy economies from poor, third world economies?
Ever heard of supply and demand? You just want the demand to be in the hands of the few rather than in the hands of the many.