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Yep, it was all NAFTA. Without NAFTA, china wouldn't have started making athletic apparel, nor vietnam, nor malaysia, nor cambodia, philippines... They aren't even in the NORTH AMERICAN FREE TRADE AGREEMENT, what with them being in Asia and all, but hey, let's not let little details like that delay a fucking moron from trying to make a point.
And, globalization wouldn't have happened without NAFTA at all. In fact cheap worldwide shipping and the internet, literally free communications around the world wouldn't have made any dent on world trade if it wasn't for NAFTA.
Walmart would have never found China, if it wasn't for NAFTA.
EBAY wouldn't have direct drop shipment to your door of damn near anything you want without NAFTA.
Gary Anderson
2016 Nov 6, 7:49pm
A world economy is not in and of itself wrong. However, you just have to do something to help places that lose industry. You have to do something to grow the economy. But Trump is not the guy to do that.
However, you just have to do something to help places that lose industry. You have to do something to grow the economy. But Trump is not the guy to do that.
agreed on both points.
Helping those who world economy hurts? sounds like socialism
Trump is a fucking joke, pandering to the lowest animal reactions.... won't help anyone.
Ironically, the original poster's story had the kernel of a solution: education for today's world. through education, their life was changed.
Why didn't G.W.Bush & his Congress repeal NAFTA?
Why do R/C/Ts buy outsourced products?
Does Jaye Speaks own any imported products?
Bill signed Nafta, and we had:
10 years of economic growth
ultra low unemployment
a fucking surplus instead of a deficit.
so yeah, it ruined the USA...
Have similar story. As EE had large circuit card vendor in MN. Few years after NAFTA was signed, firm dropped from 400 to 100 employees. Then with dramatic capabilities in EE going offshore, they eventually close the card vendor.
Whats interesting is that it was not just pay, but the mass investment that the Chinese made in EE graduates, Circuit Card advancements, and manufacturing. There was such a locus of work in China with offshoring that the US firm was at multiple disadvantages.
Note that when the US invested the transistor, and modernized the printed circuit board business that the US led in this field. That the appliances, radios, tvs, computers were also shipped offshore hastened the US's demize.
China and other countries have invested wisely, and have a higher % of Engineer graduates, spend more on Capex, have low tax/no tax and enterprize zones. The US on the other hand spend $800+ billion dollars a year on attorneys fees. I have never seen anyone say that our Attorneys make to much.
NAFTA ended up being close to what Ross Perot said, and the US businessmen/legal eagles/politicians policies on outsourcing outsourced the US into poverty......
Gary Anderson
2016 Nov 7, 8:26pm
Bill signed Nafta, and we had:
10 years of economic growth
ultra low unemployment
a fucking surplus instead of a deficit.so yeah, it ruined the USA.
It is complex. But clearly if we as a nation are to be competitive we have to be able to sell our products abroad. It is the just abuse of trade deals that people don't like. Outside my expertise. Sorry.
Gary Anderson
2016 Nov 7, 8:29pm
The problem is, the elite expects the US consumer to perform, and cannot understand when he can't. Well, when you chase jobs away, and better paying ones, you elite make the decision to find someone else as the buyer of goods, the buyer of last resort. Only, the Chinese didn't perform either. Now, Wall Street, you are stuck with us.
So, don't cry if we have deflation, worldwide. There is no buyer of last resort left.
Have similar story. As EE had large circuit card vendor in MN. Few years after NAFTA was signed, firm dropped from 400 to 100 employees. Then with dramatic capabilities in EE going offshore, they eventually close the card vendor.
Whats interesting is that it was not just pay, but the mass investment that the Chinese made in EE graduates, Circuit Card advancements, and manufacturing. There was such a locus of work in China with offshoring that the US firm was at multiple disadvantages.
China is part of NAFTA? I love patnet, you learn something new every day.
https://medium.com/@jspeaks/nafta-destroyed-my-cotton-mill-hometown-im-voting-for-donald-trump-97f27a60daf9
I am from a small town in Alabama that created a very high profile, famous part of America in the 80s. Russell Athletic was worn by many major athletic teams in the late 1980s, and I was a part of the community that worked at Russell Mills.
My hometown of Alexander City was the birthplace of the Russell cotton mill. It was a cotton mill, company town. Benjamin Russell created Russell Manufacturing Company in Alexander City, AL in 1902.
My entire family was employed by Russell Corporation at some point in their lives, and every corner of our community was influenced by this powerful, economic engine that provided for 1000s of families in east central Alabama.
During my entire life my father worked in the cotton mill. In the handful of times I was able to visit the mill I would see him operating vast, cotton machines filling long buildings with a deafening hum of production.
While away at college both of my grandmothers retired from the cotton mill. They had worked there for almost 50 years.
Time went on and Bill Clinton was elected as the President. One of his proudest moments was the signing of NAFTA. That signature sealed the perilous fate of my beloved community.
Soon the jobs began to leave my hometown community. Ultimately those cotton mills that once employed my family for generations were destroyed.
I went on the be a computer software developer, and ultimately ended up working at Yahoo!. I established a family in the suburbs of Atlanta, GA.
I occasionally would visit my hometown, and I could never accept why the president of our country would destroy generations of economic prosperity with a stroke of a pen.
I have always explained this perspective with regard to NAFTA and the demise of my hometown:
Our government established business rules during the 20th century
Those rules were required by companies operating in the US
US based companies were required to offer a minimum wage, taxation, occupational safety, unemployment benefits, infrastructure and SO much more!
American companies were providing a middle-class, safe standard of living in places like Alexander City, AL. NAFTA essentially allowed companies located outside of the US that don’t operate under those same rules and minimum standards to undermine our nation’s companies.
#nafta #clintonsucks