Posted on 09/30/2016 4:32:46 AM PDT by expat_panama
...Trump called the trade agreement between Canada, Mexico and the United States “the single worst trade deal ever approved in this country” during the first presidential debate against Hillary Clinton. Earlier this year, Bernie Sanders leveled a similar criticism, calling it disastrous when debating the former secretary of date...
...But whether NAFTA has been good or bad for the U.S. economy depends largely on who you ask...
...NAFTA “means jobs. American jobs, and good-paying American jobs. If I didn't believe that, I wouldn't support this agreement,” then-President Clinton said in 1993.
Fast forward more than two decades later and NAFTA is rallying cry for those who believe free trade has done more for other countries than for American workers...
...Trump has promised to renegotiate NAFTA’s terms “to get a better deal for our workers,” according to his campaign site. If that doesn’t work, he vows to withdraw from the agreement altogether.
Clinton doesn’t address NAFTA specifically on her campaign site, but promises to “reject trade agreements that don’t meet “her high standard...
...According to one widely cited analysis, NAFTA has been a bad deal...
...The late ‘90s was a period of strong economic growth...
...if the U.S. economy did so well after NAFTA, is there any reason to think the trade agreement was harmful?...
...The report questioned whether the gains in trade under NAFTA were enough to offset the struggles of displaced workers and recommended that future agreements include stronger provisions to protect U.S. workers exposed to foreign competition.
But it may be too late for those Americans who have already lost their jobs to overseas competition and have been unable to enjoy the fruits of the larger and more efficient economy. Those workers are the ones who may use their votes this November as a referendum on free trade.
(Excerpt) Read more at thefiscaltimes.com ...
Yes, the dot com bubble did burst, but the tech revolution that powered it is still with us today and has transformed our economy into the powerhouse it is. Bubba had nothing to do with it. Reagan's tax cuts, military spending and massive deregulation in the 80's created the technology revolution of the 90's. He also created NAFTA. Best president since Lincoln!
And in the debate, Trump warned us about a “big fat ugly bubble” in relation to the stock market.
Increased freedom is knocking down America? Good luck selling that to Americans that cherish their personal liberty. You're not one of those big government conservatives now, are you?
Mase: Increased freedom is knocking down America? Good luck selling that to Americans that cherish their personal liberty. You're not one of those big government conservatives now, are you?
In the states that matter, NAFTA has been a disaster.... PA, OH, WI, MI, IA, MN and IL.... People who used to have good jobs with benefits now drive school buses making under 20k a year trying to support their family, or are stockers at Wal Mart for the same...
You can see the devastation across this region that free trade has wrought... Sure the suits in DC and NY have gotten fatter paychecks, but don’t think for one minute that NAFTA and WTO have been beneficial to the average American, particularly if they live and work in areas that were driven by Manufacturing.
NAFTA was a SHAFTA...
Globalist are the new Communists.
Go ahead and vote for TPP Hillary you Globalist < expletive deleted >
George Washington was a protectionist so was he anti freedom too? LOL.
Free Traders are what Karl Marx described as useful idiots. FR has a lot of them.
We had “govt. managed trade” from 1789 to 1913. Worked out pretty good with no income tax then.
It’s the business of every American what comes into the USA via ship, plane or mule. Whether living or cargo. We need to know what it is and control it.
President Trump can cancel NAFTA, slash corporate taxes, and reduce regulations and corporations like Carrier will still send jobs to lower cost countries. Nor will it do anything to prevent IT jobs and accounting jobs and medical administration jobs from going overseas either. Companies will send work to the lowest cost suppliers.
central_va: We had “govt. managed trade” from 1789 to 1913. Worked out pretty good with no income tax then.
I have been saying for months that the Fed will quit supporting the phony Zero Economy at the end. I would expect just what Trump is predicting.
At least with a tariff I don't have to tell the govt intimate details of my financial life. Go ahead defend the status quo and by default defend the progressive income tax. I expect nothing less from an anti American globalist.
no sheet sherlock
it is only the fans that think they are rooting for something... go team go ... yea rah
its like rooting for IBM or Microsoft
hey if you enjoy it ... fine
BUT AT THE END OF THE DAY ITS A BUSINESS FOCUSED ON THE BOTTOM LINE...
and for many its gambling and enjoying that more than the game itself or drinking to excess at the local bar....
hey if you got from 1 pm til near midnight on a sunday .... godbless
it is a multibilliondollar business that provdes competition and entertainment
modern day gladiators willing to take millions for their physical and mental well being ....
SHERMAN IS A BRIGHT GUY ..... HE JUST CAUGHT ON.... ???
How is it that I am agreeing with you?
At least with a tariff I don't have to tell the govt ...
sorry bout dat...
meant to be posted to the previous article
NAFTA ONLY BENEFITS BUSINESS / BUSINESS OWNERS
labor takes the shaft
Even the most dimwitted knows we can’t continue to let the gummint continue to overspend a TRILLION a year ( which, honestly, is what continuing resolutions are all about) AND have the Fed pump $85 Billion a month in ( which is going on OUR tab, by the way). The dullest knife in the drawer knows it has to end. What better way to close it down than to do it concurrently with the election so the Brown Shirt Media can blame it on Trump?
Having so called "Conservative" cheerleaders providing political cover is priceless.
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