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Mootsman
Mississippi St. Fan
Charlotte, NC
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This post was edited on 8/19 at 4:15 pm



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CajunAngele
LSU Fan
Member since Oct 2012
11168 posts

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NAFTA is one of the great American Destroyers political correctness and progressives are number one. Without number one ceasing; the cancer is free to spread.






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Bunk Moreland
Michigan Fan
Detroit, MI.
Member since Dec 2010
7008 posts

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People don't talk about it because you sound like a commie if you don't support "free trade." to William Jefferson Clinton, a globalist's wet dream.





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Reubaltaich
USA Fan
A nation under duress
Member since Jun 2006
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A lot of the blue collar type factory jobs, especially in the textile industry, was hit hard by NAFTA and GATT.

Many average size towns(in the Carolinas) were decimated when factories picked up shop and moved over-seas and across the border the Medi-co.

The huge mega-agri businesses like Archers-Daniel-Midland started to recruit heavily in Mexico luring peasant growers into the states to work on thier huge farm complexes.

Some say this set into motion a huge flood of migrant workers of Mexican descent to come to the US, mostly illegally.






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SmackoverHawg
Arkansas Fan
Member since Oct 2011
14522 posts
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That's the giant sucking sound H. Ross Perot was talking about that the media chided him over. Looks like he was right.





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TigerPride10
Columbia Fan
Seoul, Korea
Member since Jul 2007
9505 posts

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quote:

A lot of the blue collar type factory jobs, especially in the textile industry, was hit hard by NAFTA and GATT.


Oh no, now the consumer gets to pay less for products than he was previously! The horror!







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TigerPride10
Columbia Fan
Seoul, Korea
Member since Jul 2007
9505 posts

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quote:

NAFTA is one of the great American Destroyers


quote:

CajunAngele


I'd love for YOU, of all people on here, to try to explain to me how NAFTA has failed. Don't go running to some partisan website to fill the thread with a bunch of links. Use that big ole brain of yours and articulate your view for once, rather than spouting off nonsense like you normally do.






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dominustd
LSU Fan
La.
Member since Oct 2012
1324 posts

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quote:

Oh no, now the consumer gets to pay less for products than he was previously! The horror!


The horror is the quality of product and the loss of jobs here.






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SmackoverHawg
Arkansas Fan
Member since Oct 2011
14522 posts
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quote:

Oh no, now the consumer gets to pay less for products than he was previously! The horror!

Are we?






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CollegeFBRules
LSU Fan
Member since Oct 2008
19752 posts

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quote:

Oh no, now the consumer gets to pay less for products than he was previously! The horror!


This.

NAFTA has been an economic boon to this country. Proving this to some of you numbskulls is pointless, however, because your mind is already made up.






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CollegeFBRules
LSU Fan
Member since Oct 2008
19752 posts

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quote:

The horror is the quality of product and the loss of jobs here.


Which products and jobs specifically?






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Reubaltaich
USA Fan
A nation under duress
Member since Jun 2006
2760 posts

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quote:

Oh no, now the consumer gets to pay less for products than he was previously! The horror!


Perhaps so.

But have we as a nation had a net gain or a net loss in the loss of so many of our manufacturing facilities?






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TigerPride10
Columbia Fan
Seoul, Korea
Member since Jul 2007
9505 posts

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quote:

The horror is the quality of product


It's capitalism. If you don't like the quality of the product, buy American. If those American companies can't compete, then they will go under.

At the end of the day, however, the laws of comparative advantage benefit the American economy and consumer, freeing up the former to produce products that we make better and cheaper than other countries.






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TigerPride10
Columbia Fan
Seoul, Korea
Member since Jul 2007
9505 posts

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quote:

gain or a net loss in the loss of so many of our manufacturing facilities?


Why does that matter? We have more high paying jobs and our economy is bigger today than it was before NAFTA.






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SlowFlowPro
Stanford Fan
Simple Solutions to Complex Probs
Member since Jan 2004
300755 posts
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quote:

People don't talk about it because you sound like a commie if you don't support "free trade."

what's wrong with free trade?






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dominustd
LSU Fan
La.
Member since Oct 2012
1324 posts

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quote:

Which products


I know for a fact Ag/construction parts even though Deere/Case/Ford etc use some aftermarket parts but list as their own and mark up 300% or more.

And plenty of other products too, but you want to be an arse here.


quote:

and jobs specifically?


Mentioned already above this post.






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Springfield XD
Member since Feb 2013
1782 posts

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If you think illegal immigration is bad today, it'd be 10x worse without NAFTA.

The truth is, industry finds labor that's the best value. In the case of NAFTA, if factories were not allowed to move to Mexico to access that labor, then Mexicans would just move north to those factories.

People who lose their jobs to "cheap" labor are overpriced. They need to gain more valuable skills.






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CollegeFBRules
LSU Fan
Member since Oct 2008
19752 posts

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quote:

I know for a fact Ag/construction parts even though Deere/Case/Ford etc use some aftermarket parts but list as their own and mark up 300% or more.

And plenty of other products too, but you want to be an arse here.


If by arse you are implying I want to correct false beliefs, sure:

quote:

What Are the Advantages of NAFTA?:

NAFTA created the world’s largest free trade area. It allows the 450 million people in the U.S., Canada and Mexico to export to each other at a lower cost. As a result, it is responsible for $1.6 trillion in goods and services annually. Estimates are that NAFTA increases the U.S. economy, as measured by GDP, by as much as .5% a year.
(Source: USTR, Quantification of NAFTA Benefits)

What Are the Benefits of NAFTA?:

How does NAFTA benefit trade? First, it eliminates tariffs. This reduces inflation by decreasing the costs of imports. Second, NAFTA creates agreements on international rights for business investors. This reduces the cost of trade, which spurs investment and growth especially for small businesses. Third, NAFTA provides the ability for firms in member countries to bid on government contracts. Fourth, NAFTA also protects intellectual properties.

NAFTA Increased Trade in All Goods and Services:

Trade between the NAFTA signatories more than quadrupled, from $297 billion in 1993 to $1.6 trillion in 2009 (latest data available). Exports from the U.S. to Canada and Mexico grew from $142 billion to $452 billion in 2007, then declined to $397 billion in 2009, thanks to the 2008 financial crisis. Exports from Canada and Mexico to the U.S. increased from $151 billion to $568 billion in 2007, then down to $438 billion in 2009. (Source: Office of the US Trade Representative, NAFTA)

Boosted U.S. Farm Exports:

Thanks to NAFTA, agricultural exports to Canada and Mexico grew from 22% of total U.S. farm exports in 1993 to 30% in 2007. To put this into perspective, agricultural exports to Canada and Mexico were greater than exports to the next six largest markets combined. Exports to the two countries nearly doubled, growing 156% compared to a 65% growth to the rest of the world. (Source: U.S. Foreign Agricultural Service, NAFTA)
NAFTA increased farm exports because it eliminated high Mexican tariffs. Mexico is the top export destination for U.S.-grown beef, rice, soybean meal, corn sweeteners, apples and beans. It is the second largest export destination for corn, soybeans and oils. (Source: USTR, NAFTA Facts, March 2008)

Created Trade Surplus in Services:

More than 40% of U.S. GDP is services, such as financial services and health care. These aren't easily transported, so being able to export them to nearby countries is important. NAFTA boosted U.S. service exports to Canada and Mexico from $25 billion in 1993 to $106.8 billion in 2007, which dropped to $63.5 billion in 2009 (latest data available). Imports of services from the two countries were only $35 billion.

NAFTA eliminates trade barriers in nearly all service sectors, which are often highly regulated. NAFTA requires governments to publish all regulations, lowering hidden costs of doing business.

Reduced Oil and Grocery Prices:

The U.S. imported $116.2 billion in oil from Mexico and Canada as shale oil (down from $157.8 billion in 2007). This also reduces U.S. reliance on oil imports from the Middle East and Venezuela. It is especially important now that the U.S. no longer imports oil from Iran. Why? Mexico is a friendly country, whereas Venezuela's president often criticizes the U.S. Both Venezuela and Iran have started selling oil in currencies other than the dollar, contributing to the decline in the dollar's value.

Since NAFTA eliminates tariffs, oil prices are lower. The same is true for food imports, which totaled $29.8 billion in 2010 (up from $28.9 billion in 2009). Without NAFTA, prices for fresh vegetables, chocolate, fresh fruit (except bananas) and beef would be higher. (Source: USTR, NAFTA Imports)

Stepped Up Foreign Direct Investment:

Since NAFTA was enacted, U.S. foreign direct investment (FDI) in Canada and Mexico more than tripled to $357 billion in 2009, up from $348.7 billion in 2007. Canadian and Mexican FDI in the U.S. grew to $237.2 billion, up from $219.2 billion in 2007. That means this much investment poured into U.S. manufacturing, finance/insurance, and banking companies.

NAFTA reduces investors' risk by guaranteeing they will have the same legal rights as local investors. Through NAFTA, investors can make legal claims against the government if it nationalizes their industry or takes their property by eminent domain. (Source: USTR, NAFTA Section Index) (Article updated February 2, 2012)


LINK

They even have a disadvantages page for you to look at, but NAFTA has been FAR more advantageous than not for the US.



This post was edited on 4/24 at 8:20 pm


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blueboy
LSU Fan
between here and there
Member since Apr 2006
17565 posts

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quote:

Oh no, now the consumer gets to pay less for products than he was previously! The horror!

That's just it. Prices haven't gone down.






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Asgard Device
The Daedalus
Member since Apr 2011
4996 posts
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PNTR with China "hurt" Mexico, in that same way.





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