Few are aware that NAFTA (North American Free Trade Agreement) has rendered us uncompetitive in the world economy, has destroyed our industrial base, caused us to outsource most of our production, and killed most of our manufacturing jobs. Imagine if Congress decided that a single state, such as California or Michigan, was in desperate need of jobs and investment and made dramatic changes to boost that state’s economy. Imagine Congress did the following for only one American state: Dropped the minimum wage to $3 per hour Exempted them from child labor laws Expanded the work week Reduced health and work place safety laws Banned unions Reduced protection for the environment On top of this, the companies residing in this state would still have free duty-free access to all of the others states. In other words, companies in this state could produce at a fraction of the cost of other states, yet would be able to sell directly to all other 49 states and compete at no additional cost. What would you think of that? You and the other 49 states might agree that this was absolutely ridiculous! But this is exactly what is happening right now with NAFTA (North American Free Trade Agreement). Not with California or Michigan, but with Mexico and Canada from the time NAFTA was passed. Why would any company manufacture in the U.S. now when it can produce next-door in Mexico with all these unfair advantages? When NAFTA was passed, many people feared the worst. The results have indeed been disastrous:
Posted on: Sun, 02 Feb 2014 03:39:21 +0000
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