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Ted Cruz warns of ‘profound damage’ to U.S. economy if Trump kills NAFTA
The Toronto Star ^ | 10/31/2017 | Daniel Dale

Posted on 10/31/2017 6:01:46 PM PDT by Sign Petition to Arrest Comey

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To: Greetings_Puny_Humans
they wanted to pay 300 dollars a month to Vietnamese workers

Who is "they"?

201 posted on 11/01/2017 3:14:35 PM PDT by Jim W N
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To: Sign Petition to Arrest Comey

As opposed to the trenendous damage we have with NAFTA.


202 posted on 11/01/2017 3:15:40 PM PDT by Ted Grant
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To: Mariner

And then some including their souls.


203 posted on 11/01/2017 3:18:01 PM PDT by Sequoyah101 (It feels like we have exchanged our dreams for survival. We just have a few days that don't suck.)
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To: dragnet2

Off point and irrelevant. Deflection is another great Leftist tool you guys use. Anything but a coherent, supportable argument.

Go away - quit wasting my time.


204 posted on 11/01/2017 3:20:08 PM PDT by Jim W N
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To: rwoodward

>>And to think he could have been our president! <<

^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^

He might have been the nominee; but, then HILLARY WOULD BE PRESIDENT.

He would have had 0% chance. The media would have destroyed him before breakfast.

Still, I am so sorry he has not learned his lesson, and to support President Trump.


205 posted on 11/01/2017 3:23:21 PM PDT by Disestablishmentarian
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To: central_va

So why do you use Great Britain as an example of a failure of the free market economy dork?


206 posted on 11/01/2017 3:25:08 PM PDT by Jim W N
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To: Jim 0216
GB was the first and premier industial power thru the middle of the 20th century. Then they sold out to global interests and made alot of money for the well heeled, the people OTH who were left to their own devices went socialist.

The question is can you learn?

industrialization->prosperity->globalism->offshoring->socialism->marxism.

207 posted on 11/01/2017 3:29:51 PM PDT by central_va (I won't be reconstructed and I do not give a damn.)
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To: central_va
Learn what? You haven't said anything as usual.

GB sold out to global interests

What global interests?

And how does that make Great Britain an example of a failure of the free market economy?

208 posted on 11/01/2017 3:51:27 PM PDT by Jim W N
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To: Jim 0216

Global freemarket as you call it failed GB. Offshoring and lowering tariffs destroyed the jobs of millions of Brittons. This made them ripe for socialism.


209 posted on 11/01/2017 3:56:25 PM PDT by central_va (I won't be reconstructed and I do not give a damn.)
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To: Iscool

That’s the point of my whole argument! If our very own hoggish government signed into unilateral trade agreements for materials that benefit both nations VIOLA we have jobs in the US. But no, we’d rather have the onerous regulations in addition to tarrifs and allllll that tarrif money goes to piggy Uncle Sam in an effort to punish more open trade. That’s the ticket punish those evil businesses because daddy Government knows best how to create capital


210 posted on 11/01/2017 4:05:18 PM PDT by Jarhead9297
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To: central_va

Offshoring is a by product of your savior Government to over regulate everything they could get their hands on not a global free market. Tarrifs today kill business.

So since Government would like to play god once again who shall we apply tarrifs to since we are in the business of picking winners and losers in the marketplace.

Shall it be rice? Sugar? Steel? Aluminum? Computer chips? Investments into this country? Tires? Medicine? Fans? We gotta punish how about all of the above? I’m certain doing it will create millions of jobs


211 posted on 11/01/2017 4:09:34 PM PDT by Jarhead9297
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To: Jarhead9297
Read up jarhead.

Global Labor Arbitrage

212 posted on 11/01/2017 4:12:45 PM PDT by central_va (I won't be reconstructed and I do not give a damn.)
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To: Jim 0216

I certainly like the mandatory health care tariff if you will. Might as well call it a business tarrif. It is mandatory, transfers wealth to the Government, punishes producers and provides its services to those that are unworthy.

Government is grand isn’t it? Ya more Government please


213 posted on 11/01/2017 4:13:15 PM PDT by Jarhead9297
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To: Jarhead9297

Tariffs are from of taxation that are not mandatory, requires no filing of forms etc. and is not progressive. That is why you don’t like it.


214 posted on 11/01/2017 4:15:52 PM PDT by central_va (I won't be reconstructed and I do not give a damn.)
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To: central_va

I know what labor arbitrage is and I don’t need Wikipedia to describe it. The two heftiest reasons for it are regulations and taxes taxes taxes.

Any health care provider will tell you that costs would be reduced by half or more if it weren’t for regulations that require an overhead of clerical staff to CYA the company. Then there are of course taxes. Of course I’m going to move my damn business if my home country makes my costs two times what they should be due to regulations and then double pump me from behind by taxing me the more money I make.

That’s economics 101


215 posted on 11/01/2017 4:18:36 PM PDT by Jarhead9297
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To: central_va

I don’t like tarrifs because it is the Government who picks the winners and losers of the marketplace in who gets tarrifs and 100% of that tarrif money goes into the piggy Government.

Because we know the Government knows how to spend that money best


216 posted on 11/01/2017 4:20:27 PM PDT by Jarhead9297
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To: Jarhead9297
The two heftiest reasons for it are regulations and taxes taxes taxes.

I am not opposed to lifting government regulations and eliminating taxes but those costs are minuscule compared the cost saving realized by firing a US employee making $30/hr and hiring a Mexican at $3/hr.

Ok what percent of the cost of a typical manufactured good is government compliance vs labor costs?

If you can't document your answer with data then you are guessing or you are just telling us you FEELINGS about it. You have nothing to back up your Chamber of Commerce propaganda.

It's just economics 101.

217 posted on 11/01/2017 4:29:41 PM PDT by central_va (I won't be reconstructed and I do not give a damn.)
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To: Jarhead9297

Winners = Americans
Losers = Foreigners


218 posted on 11/01/2017 4:30:22 PM PDT by central_va (I won't be reconstructed and I do not give a damn.)
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To: central_va

Cost of employees are MINISCULE as to the reason a company moves its operations

I’ll have to dig up the article about this Mexico misnomer about the reason they left is because of employee costs when exactly the opposite was true.

The article reflected that the employee cost per car to a company manufacturing in Mexico was a 4-500$ save per car. The executive went on to say that financially if moving your operations to Mexico based on that measure alone it wasn’t fiscally feasible to do this and the company would not move.

HOWEVER the 50+ unilateral trade agreements with other nations for material to manufacture was saving car manufacturers 2-3000$ per car. That means the Mexican Government has adopted free trade within their platform so that the free flow of tarrif free goods under agreements with these countries goes unabetted.


219 posted on 11/01/2017 4:37:49 PM PDT by Jarhead9297
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To: central_va
Offshoring and lowering tariffs destroyed the jobs of millions of Brittons. This made them ripe for socialism.

How?

220 posted on 11/01/2017 4:41:33 PM PDT by Jim W N
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