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To: Fee
I dono I would think the farmers in those countries will then become factor workers making products for us...

Ford’s Most Advanced Assembly Plant (Rural Brazil)

www.ritholtz.com/blog/2008/11/fords-most-advanced-assembly-plant-operates-in-rural-brazil/

7 posted on 12/26/2008 2:11:15 PM PST by Gone_Postal (We are not interested in the possibilities of defeat)
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To: Gone_Postal

That would be possible if the jobs created by the factories replace most of the farming jobs. Every country and society has to weigh the new jobs versus the loss jobs. That is why not every country will embrace globalism and free trade. Look at our own industrial midwest after NAFTA, MFN and WTO passed. Most of our good paying manufacturing jobs disappeared and these former manufacturing communities never fully recovered. Example New York state, up state has high unemployment while New York City (center for global trade financing) flourished. Just to refresh the freepers, a poll was taken before the NAFTA vote, about 60 percent of the US opposed to it. So alarmed was our financial elites that the treaty deadline approached they applied pressure to a Dem president (Clinton) who relied on union support to win elections, that he was willing to work with the GOP to pass the treaty over Dem opposition. After that I became a political athiest (Dems and GOP are all the same) because neither party will stand up for main street when pressured by Wall Street.


19 posted on 12/26/2008 10:02:26 PM PST by Fee
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