Posted on 02/20/2016 2:42:33 AM PST by Helicondelta
1/3 of South Carolina's Manufacturing Jobs Have Disappeared Since NAFTA AP Photo/Paul SancyaAP Photo/Paul Sancya by JULIA HAHN 19 Feb 2016 919 At a CNN town hall Thursday, businessman and Republican presidential candidate Donald Trump once again put the issue of manufacturing front and center in the 2016 race.
When CNN's Anderson Cooper pressed Trump on whether a U.S. president ought to be sending cease and desist letters and whether he would continue to do so as president, Trump said, "maybe to China" -- pointing out the extraordinary job losses Americans have experienced through trade policies:
No... I would be sending them to China to stop ripping us off. I would be sending them to other countries to stop ripping us off. I'd send them to Mexico. And when I say cease and desist, maybe it's equivalent, OK? Maybe I do it with my mouth.
Federal data from the Bureau of Labor Statistics suggests Trump's argument on ending one-sided trade deals may resonate in South Carolina. According to the federal data, South Carolina lost 1/3 of its manufacturing jobs since U.S. signed NAFTA in 1994.
(Excerpt) Read more at breitbart.com ...
Perhaps Trump can manage to do this all over again.
The world is on the edge just waiting for a little nudge.
http://americastradepolicy.com/did-the-smoot-hawley-tariff-cause-the-great-depression/#.VshEpfk4H5c
The clothing/sock industry went to South America then even they lost the jobs to China over time. Competing with a country that devalues it’s currency is not free fair trade.
China is going to have a reckoning. I don’t think it is far off.
Go Trump
Ya! burn baby!
China is giving stuff away and paying for the freight.
NAFTA Under Bush sr’s watch?
And burning through reserves in the process.
But according to Ted Cruz and the Conserva-Cucks, Free-trade is just wonderful and if you oppose it you must be a fascist/socialist/pinko commie.
Considering trumps deals overseas I don’t see any evidence to indicate he’s against it when dollars are involved.
When you can print money the reserves dont really matter.
competing against a country that uses slaves doesn’t seem fair or right either. Go Trump.
Except for Cruz stating he now opposes the ways TPP affects immigration--- something he dismissed as internet conspiracy theory previously-- there's no evidence Cruz actually opposes TPP.
Well yes and no.
It certainly can delay things - but the consequences only further add up.
I don’t know why anyone takes Chinese economic numbers as the truth. Their numbers are whatever they say they are. Unfortunately our economic numbers are becoming the same thing, whatever they say they are.
By the way, those reserves are mostly in dollars I believe.
When the dollars are gone, they’re gone.
And what’s more, heavy-handed regulations on the part of EPA, OSHA, and the IRS,...... Obamacare, labor unions, double-taxation of foreign profits, racial and gender quotas, legal hamstringing of hiring processes, affirmative action, high corporate income taxes, irrational product liability court decisions, along with entrenched subsidies to favored industries, Dodd-Frank, Sarbanes Oxley, and the massive anti-capitalist funds supporting the vilification of commercial progress and NIMBY anti-construction movements in this country.......... have absolutely nothing to do with the loss of South Carolina manufacturing jobs since 1994.
Nope, it’s NAFTA, and NAFTA alone.
Well said and worth repeating. And make that the world's highest corporate taxes.
China doesn’t really “devalue” its currency. It’s hard to devalue a currency that is already worthless.
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