What the hell is NAFTA and why is it killing our United States economy?

Question

It's not Bill's fault BTW, it would have been passed anyway, unfortunately. Can someone further explain this atrocity?

Answer 1

NAFTA has certainly adversly impacted segments of the population (on all sides of the border). But let me make a pro-NAFTA argument. It's about freedom. If a television manufacturer in Mexico wants to sell me a TV for $100 and I want to but that TV from him/her for $100 why shouldn't I be able to? Why should my only option be to buy it from a manufacturer in Nebraska for $130? I understand the imbalances between environmental/labor rules across the borders but let's pretend there was perfect symmetry on the two sides. In that case I think freedom (economic freedom in this case) should be a core value for America.

Answer 2

NAFTA is the North American Free Trade Agreement. Implemented in 1994, it essentially removed all trade tariffs and other barriers between the United States, Canada and Mexico. NAFTA also sought to increase cross-border business and investment opportunities between the three countries, provide stronger protection of intellectual property rights, and other initiatives. The knock on NAFTA has always been the fear that it would encourage U.S. companies (and Canadian, too) to relocate operations to Mexico to take advantage of cheap labor, thus costing Americans and Canadians their jobs. In the 1992 U.S. presidential election, Independent candidate Ross Perot famously opposed NAFTA by calling it "that giant sucking sound" of U.S. jobs going south of the border. A dozen years later, the jury is still out on the impact NAFTA has had on the economies of the three countries involved - although it certainly has increased trade between the U.S.-Mexico and Canada-Mexico.

Answer 3

Has anyone noticed that NAFTA has not made anyone's life better?

The poor in Mexico are still poor and have become more exploited by the rich. People in the U.S. and Canada have lost their jobs.

The concept of creating more equal economies, spreading the wealth, has not materialized and illegal immigrants are still streaming across the border towards a better life creating havoc in the process. Inflation has not slowed.

What NAFTA did was create an investment opportunity for the banking cartel at the expense of everyone else. The rich got richer. Did everyone notice that Bill got rich after he left office? Do you think that this is a result of his own ingenuity?

Freedom? Read these.

http://www.freedomdomain.com/banking/the_city.html

http://www.the7thfire.com/Politics%20and%20History/Secrets_of_the_Federal_Reserve/jekyll_island-1.htm

http://www.mecfilms.com/universe/articles/dynasty.htm

Answer 4

Exuse me? Bill was backed by the Unions, he stabbed us in the back! He had veto power, which would have put the "glory" of passing NAFTA on Congress. But he wanted a legacy and he stepped on you and me to establish it. North American Free Trade Agreement. Simply put, if it can be made cheaper in Mexico or Canada then ship it here. If we can make it cheaper we will ship it there. There it is read it, and learn

Answer 5

NAFTA is the North American Free Trade Agreement. Not to happy about it here in Canada either

Answer 6

Amen for NAFTA.

NAFTA = liberty. I know liberty is much hated nowadays, but it sure as heck is better than politicians controlling trade.
In what other areas do you want politicians controlling your life?
How many things do they have to screw up? I will never understand this lustful desire for massive controlling government.

All Hail Government !!
Government Be Thy Master !!
.

Answer 7

Analyze this

http://www.fas.usda.gov/info/factsheets/NAFTA.asp