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hundreds of corporate representatives are advising the US negotiators and have advance access to the negotiating texts. While citizens are left in the dark, corporations are helping to write the rules for the FTAA.
How is that free trade? MANAGED trade is not FREE trade. 100% free trade doesn't exist in real world. It is highly controlled by global elite to benefit a few.
The North American Free Trade Agreement (NAFTA) is the quintessential managed-trade vehicle sold under the rubric of free trade.
I believe that was the whole ideal from the start
To be managed by the top elite without the workers and citizens having any say in it.
David Rockefeller said as much years ago:
The supernational sovereignty of an intellectual elite and world bankers is surely preferable to the national autodetermination practiced in past centuries
What that means is trade and business should be managed by the elite rather than through Free Market Principles, Workers and Citizens.
...the company expects to make higher profits because of the lower wages in Mexico.
I've seen the assembly line in Youngstown, Ohio (GM). One of our 4-H members worked in the paint shop. He arranged a tour. I can tell you, those people don't do enough to earn the money that they do. He pushed buttons (by his own description) and many of the other line workers do too. Others simply hook up a few hoses or cable harnesses and such, and step back to wait for the next car. Takes them five minutes or less for each car. At that time (this was years ago) they were making about $40/hr plus benefits.
Seems to contradict the point (I think) you are trying to make.
No it doesn't. Luckily some manufacturing has survived and those manufactured here are no more expensive than what is now being shipped from overseas.
They had to cut back on quality and gaurantee's to combat the efforts to put them out of business though.
Whether you choose a one, two, or three year Service Contract, we’ll pay for all covered repairs needed to keep your product in peak operating condition. And that means no surprises to your budget.
You now have to buy even a one year warranty where 5 years once was standard.
I've seen the assembly line in Youngstown, Ohio (GM). One of our 4-H members worked in the paint shop. He arranged a tour. I can tell you, those people don't do enough to earn the money that they do. He pushed buttons (by his own description) and many of the other line workers do too. Others simply hook up a few hoses or cable harnesses and such, and step back to wait for the next car. Takes them five minutes or less for each car. At that time (this was years ago) they were making about $40/hr plus benefits.
I make pretty decent money and on any certain day you would see me do little work in a 12 hour period. It took many years to be able to do that. If I'm doing nothing it means the company is making money. If I'm working manually, they are not because something has gone wrong.
I get paid for knowing how to quickly get things running as it's supposed to again.
How long before the demand of 95% of the world's population will dwarf the demand of 5% that reside in the US?
How will that work when everything is 400% more expensive here such as housing, food, insurance, medical and schooling, even infrastructure than it is in the rest of the world?
Your only seeing one side of the issue here.
There are a lot of people that would have to take a paycut for us to be like the other 95% of the world as well.
We were actually making cheap disposable crap automobiles before Toyota and Honda came along. Ironically made in a nation that just a generation earlier was known for making cheap disposable crap.
Mexico has more free trade agreements with the rest of the world than any other country.
It makes Mexico a very attractive spot for assembly and manufacture.
How do you propose to make food, education, medical, construction, real estate and so on cheap here like it is in Mexico?
If there are no protections, then what is stopping Joe Six Pack from being lowered down to Juan's wages in Mexico and you realize, Juan will have the better deal since everything is cheaper there?
The US will be the worse country to live in for the poor and dying middle class out of all other countries
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