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I am old enough to remember what happened when NAFTA passed. Before Nafta my hometown was a growing center for the micro-electronics manufacturing industry. We had outfits like Hewlett Packard. Oracle, United Technologies and more all build plants in my town with good paying jobs for local American workers.
But after NAFTA became the law of the land, those companies couldn't pack up fast enough to go set up shop in countries where workers got a nickle a day if they were lucky. So many people, including some of my friends, were laid off and couldn't find any work that paid more than the minimum wage. Their finances tanked and for a while, my hometown became the "foreclosure capitol" of the nation.
Whose fault was this? Not China's - not really. I blame the greed of the big corporations and then President Bill Clinton who succumbed to the lobbyist's blandishments. If we want to bring American jobs back to American companies, we need to set up tariffs and trade policies that hit HP and the rest where it hurts - their bottom line. Singling out China really accomplishes nothing.
Fine, the Chinese factories all get shut down. The CEOs of all those high tech (and low) companies will just move their operations to Mozambique or some other like country. America still won't get those jobs back; Americans will buy Mozambique instead of China and we will STILL have no choice in most of the products we buy.
Trump is like a doctor who wants to fix a broken leg by amputating it.
China was never part of NAFTA. How did NAFTA cause jobs to shift to China?
Those lobsters belong here, and on our dinner plates. Or even as a bed time snack, or perhaps a new way to start your morning. With the Chinese not buying, they will be so bountiful that you can eat them whenever you damn well please. Winning.
And don't forget, the Chinese are known to torment their animals prior to slaughter. They torture the dogs they eat because they think it makes the meat taste better. Who knows what kind of hell they put those lobsters through before they become food. We are doing those lobsters are great service.
By being FORCED to buy cheap junk from China that doesn't last and you have to keep buying the same product over and over again only to keep enriching a foreign country that's how.
I guess you are too young to know it was foreign, primarily Asian, competition that resulted in American cars having to compete by upping their game instead of being the 'not so cheap' junk they once were. No one wanted to buy an American car built on a Friday.
The liberal media elites are having a field day, HOWEVER China, Canada, and the EU all export FAR MORE to the US than we export to them, due precisely to the unfair trade agreements that were designed to benefit other countries in a quest for "global stability", to help THEIR economies not ours.
Soon they will back down. For the time being I'm okay with increasing subsidies to lobster fishing, agriculture, etc to support our own workers and industries. Btw China has been flooding the US market with seafood including polluted farmed seafood of questionable safety.......the way China dumps its steel here and the way Canada dumps its dairy products on the US market even as it charges a 200% tariff for milk exported up there. Same with Mexico exporting cars and sweatshop made clothing to the US and putting Americans out of work.
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China was never part of NAFTA. How did NAFTA cause jobs to shift to China?
