Posted on 05/11/2018 5:23:40 AM PDT by reaganaut1
Let's look at two sets of numbers here and see what we can learn from them:
In 1994, the last time the U.S. had a trade surplus with Mexico ... the U.S. had $51 billion in exports to Mexico and $49.5 billion of imports from Mexico -- for a trade surplus of about $1.5 billion.
In 2017, the U.S. had $243 billion in exports to Mexico and $314 billion of imports from Mexico -- for a trade DEFICIT of about $71 billion.
So here's the big question for you: From an economic standpoint, was the U.S. better off in 1994 or 2017?
Under NAFTA, the previous practice of nationalizing their energy sectors was outlawed in Canada and Mexico. Oil and natural gas would now be traded freely across the borders.
It's no coincidence that Saudi Arabia was surpassed by both Canada and Mexico as the largest foreign sources of crude oil for the U.S. by the late 1990s.
Personally, I think any Freeper who wants NAFTA to be ended can piss up a rope.
“Personally, I think any Freeper who wants NAFTA to be ended can piss up a rope.”
Noted.
Have a nice day.
F*@k NAFTA
I live in PA, and have for over 30 years, you think I know a bit about the voters here????
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