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America's Middle Class Moves to Mexico

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  • America's Middle Class Moves to Mexico

    As Clinton said when he pushed through NAFTA, it will be great for Mexico. Thanks, Bubba.
    http://www.nbcnews.com/id/53598274/n.../#.Uovk2fmsim4

  • #2
    Originally posted by Rohirrim View Post
    As Clinton said when he pushed through NAFTA, it will be great for Mexico. Thanks, Bubba.
    http://www.nbcnews.com/id/53598274/n.../#.Uovk2fmsim4
    Good news for Mexico, but how does that prove they're progressing at our expense (as you seem to be implying)?

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    • #3
      Originally posted by The Lone Bolt View Post
      Good news for Mexico, but how does that prove they're progressing at our expense (as you seem to be implying)?
      J O B S

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      • #4
        Originally posted by Rohirrim View Post
        J O B S
        So? Can you be more specific?

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        • #5
          Originally posted by The Lone Bolt View Post
          So? Can you be more specific?
          http://www.epi.org/publication/briefingpapers_bp147/

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          • #6
            The US Chamber of Commerce doesn't appear to agree.

            As the North American Free Trade Agreement (NAFTA) marks its 20th anniversary this year, it’s critical to understand how the agreement has generated vast new opportunities for U.S. workers, farmers, consumers, and businesses.

            - Since NAFTA entered into force in 1994, trade with Canada and Mexico has risen three-and-one-half fold to $1.2 trillion, and the two countries buy about one-third of U.S. merchandise exports.

            - Trade with Canada and Mexico supports nearly 14 million U.S. jobs, and nearly 5 million of these net jobs are supported by the increase in trade generated by NAFTA, according to a comprehensive economic study commissioned by the U.S. Chamber.

            - The expansion of trade unleashed by NAFTA supports tens of thousands of jobs in each of the 50 states—and more than 100,000 jobs in each of 17 states.

            - NAFTA has been a boon to the competitiveness of U.S. manufacturers, which added more than 800,000 jobs in the four years after NAFTA entered into force. Canadians and Mexicans purchased $428 billion of U.S. manufactured goods in 2011, generating $36,000 in export revenue for every American factory worker.

            - NAFTA has been a bonanza for U.S. farmers and ranchers, helping U.S. agricultural exports to Canada and Mexico triple and quintuple, respectively. One in every 10 acres on American farms is planted to feed hungry Canadians and Mexicans.

            - With new market access and clearer rules afforded by NAFTA, U.S. services exports to Canada and Mexico have tripled, rising from $27 billion in 1993 to $82 billion in 2011.

            - Canada and Mexico are the top two export destinations for U.S. small and medium-size enterprises, more than 122,000 of which sold their goods and services in Canada and Mexico in 2010.
            http://www.uschamber.com/reports/naf...rowth-and-jobs

            Now I'm no expert in NAFTA, but if it was really that bad for the US economy where's the drive for repeal?

            Anyhow, your EPI article is interesting and I think they make some good points. The thing I don't understand however is that if we are losing jobs to Mexico b/c they have lower wages and worker protections, how does that explain the trade deficit with Canada?
            Last edited by Fear the Hawk; 11-19-2013, 05:50 PM.

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            • #7
              Manufacturing left Detroit for the new Motor City in Mexico. Labor is cheaper in Mexico by about $1,000 per car. Ross Perot warned it would happen.

              To those of you in the audience who are business people, pretty simple: If you're paying $12, $13, $14 an hour for factory workers and you can move your factory South of the border, pay a dollar an hour for labor, hire young -- let's assume you've been in business for a long time and you've got a mature work force -- pay a dollar an hour for your labor, have no health care -- that's the most expensive single element in making a car -- have no environmental controls, no pollution controls and no retirement, and you don't care about anything but making money, there will be a giant sucking sound going south.

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              • #8
                Originally posted by The Lone Bolt View Post

                Now I'm no expert in NAFTA, but if it was really that bad for the US economy where's the drive for repeal?
                Why would there be a drive for repeal when NAFTA benefits the wealthiest corporations (read: the people who control the levers of government power) and hurts everyone else?


                They would love nothing more than to see the U.S. become just like Mexico, i.e., a country where ~30 families control all the wealth and everyone else is a serf.

                We might not be there yet, but no one can dispute the fact that we've been heading in that direction at a steady clip since Reagan.

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                • #9

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                  • #10
                    It's republicans fault.

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                    • #11
                      .... And Mexico exporting it's unwanted surplus population up here is not only elevating unemployment levels but also lowering wages in service jobs where illegal aliens (and even legal immigrants at this point due to the large numbers of them) are congregating.

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                      • #12
                        Originally posted by L.A. BRONCOS FAN View Post
                        Why would there be a drive for repeal when NAFTA benefits the wealthiest corporations (read: the people who control the levers of government power) and hurts everyone else?


                        They would love nothing more than to see the U.S. become just like Mexico, i.e., a country where ~30 families control all the wealth and everyone else is a serf.

                        We might not be there yet, but no one can dispute the fact that we've been heading in that direction at a steady clip since Reagan.
                        common ground!

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                        • #13
                          Originally posted by nyuk nyuk View Post
                          .... And Mexico exporting it's unwanted surplus population up here is not only elevating unemployment levels but also lowering wages in service jobs where illegal aliens (and even legal immigrants at this point due to the large numbers of them) are congregating.
                          indeed. It's shameful that almost every major US home builder exploits these day laborers..

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