NAFTA

October 20th, 2016 at 12:08:39 PM permalink
Pacomartin
Member since: Oct 24, 2012
Threads: 1068
Posts: 12569
Quote: DJT
The NAFTA deal signed by her husband is one of the worst deals ever made of any kind of signed by anybody.

The first President H.W. Bush signed the actual trade agreement, which then had to be ratified by both chambers of Congress. President Clinton signed that ratification.

Quote: DJT
It's a disaster.


Most studies show NAFTA had a relatively small impact on the economy. "NAFTA did not cause the huge job losses feared by the critics or the large economic gains predicted by supporters. The net overall effect of NAFTA on the U.S. economy appears to have been relatively modest,” according to the nonpartisan Congressional Research Service.
Marilyn Geewax NPR Senior Business
October 20th, 2016 at 12:25:47 PM permalink
Evenbob
Member since: Oct 24, 2012
Threads: 146
Posts: 25011
And then there's the other side of the coin:

"The data also show how post-NAFTA trade and investment trends have contributed to middle-class pay cuts, which in turn contributed to growing income inequality; how since NAFTA, U.S. trade deficit growth with Mexico and Canada has been 45 percent higher than with countries not party to a U.S. Free Trade Agreement, and how U.S. manufacturing exports to Canada and Mexico have grown at less than half the pre-NAFTA rate.
NAFTA’s actual outcomes prove how damaging this type of agreement is for most people, demonstrating why NAFTA should be renegotiated or terminated. The evidence makes clear that we cannot have any more such deals that include job-offshoring incentives, requirements we import food that doesn’t meet our safety standards or new rights for firms to get taxpayer compensation before foreign tribunals for laws they don’t like."

http://www.huffingtonpost.com/lori-wallach/nafta-at-20-one-million-u_b_4550207.html
If you take a risk, you may lose. If you never take a risk, you will always lose.
October 20th, 2016 at 2:05:12 PM permalink
terapined
Member since: Aug 6, 2014
Threads: 73
Posts: 11803
I totally support NAFTA
Big companies, domestic business and international business is intertwined.
Give US businesses the freedom to compete on the international stage without shackles
Sometimes we live no particular way but our own - Grateful Dead "Eyes of the World"
October 20th, 2016 at 2:44:19 PM permalink
Nareed
Member since: Oct 24, 2012
Threads: 346
Posts: 12545
If tariffs and trade barriers were so great, why not impose them between US states? Do you want jobs to go leave California for New Mexico?
Donald Trump is a one-term LOSER