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We have been running the Free Trade experiment for years now. If this person's argument were true, we should be up to our necks in unfilled jobs. Clearly this is not the case. Rich people can afford to contract with interface people who help them partner with Chinese people (or Taiwan, or Vietnam, ...) in building manufacturing facilities in areas where the truely destitute will work for 1 dollar an hour. So Free Trade is excellent for the rich (the richest 1 percent of Americans own 40 percent of the wealth). And the rich do not seem to have an upper limit on how much is enough.
NAFTA has put millions of Mexican farmers out of business as well has millions of manufacturing jobs here.
I haven't benefitted from NAFTA. Your going to need to talk to people in gated communities about whatever benefit there has been.
The Obama administration is playing to the old popular-but-false notion that free trade robs Americans of jobs. NOPE, it's American companies that move to 3rd world countries and hire cheap labor. Then hide their profits from the IRS. "Wake up America". Why are we "American's living in a Country "without any laws" all around anarchists"?. What's Congress and State law makers doing to cause this?. I tell it like it is, because no one else will. The tobacco industry feared The Patriot Act so Rep. Michael Oxley removed a provision involving money laundering from the bill at the behest of the White House and GOP whip Tom DeLay, under pressure from Big Tobacco. More loopholes that allow qualifying Institutions to still serve as conduits for Tax Evasion that report nothing to the IRS for collection. Is this fair taxing to the poor and middleclass ?. The wealthiest people and the largest corporations in this country have got to contribute. WHO IN CONGRESS wrote a amendment to add this "BACK" into The Patriot Act to date?. That's what costs American's jobs. Along with all the illegal's here in America also Utah hmmmm?.
The comparative advantage mantra of most coneventional economists in support of free trade, assumes that the factors which create comparative advantage can't be moved around, but they can inside of the international corporation. This allows capital to whipsaw labor. The global corporation has weakened the argument for free trade.
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