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US Lawmakers consider NAFTA repeal 

Tags: lawmakers  consider  nafta  repeal 
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http://www.reuters.com/article/idUSTRE6233MS20100304

Quote:
The bill spearheaded by Rep. Gene Taylor, a Mississippi Democrat, would require President Barack Obama to give Mexico and Canada six months notice that the United States will no longer be part of the 16-year-old trade pact.

"At a time when 10 to 12 percent of the American people are unemployed, I think Congress has an obligation to put people back to work," Taylor said.

He argued NAFTA has cost the United States millions of manufacturing jobs and hurt national security by encouraging companies to move production to Mexico.

The high unemployment rate makes it the "perfect" time to push for repeal even though past efforts have failed, he said.

"You'll see the American people rally behind this, in my humble opinion," said Rep. Walter Jones, a North Carolina Republican who is one of about 28 co-sponsors of the bill.

Business groups like the National Association of Manufacturers and the U.S. Chamber of Commerce strongly support NAFTA, which they say has spurred U.S. economic growth by tearing down trade barriers between the three countries.

The repeal proposal comes as Obama says he wants to resolve problems blocking congressional approval of long-delayed trade deals with South Korea, Panama and Colombia.

The strongest opposition to those agreements comes from Obama's fellow Democrats.

The United States also will begin talks later this month with Australia, New Zealand, Singapore, Chile, Peru, Vietnam and Brunei on an Asia-Pacific regional free-trade agreement.

Obama criticized NAFTA during the 2008 presidential election campaign but has not followed through on threats to withdraw from the agreement if Canada and Mexico did not agree to revamp the pact's labor and environmental provisions.

But many Democrats are pushing for that and other changes to existing trade deals before considering any new deals such as the deals with South Korea, Colombia and Panama.

The House of Representatives is expected to vote later this year on whether the United States should remain a member of the World Trade Organization.

U.S. law allows House and Senate members to request a vote on that issue every five years. In 2005, 86 of the House's 435 members voted to withdraw from the world trade body.


It is about time. Clinton signed this bill into office under a Republican Congress as part of a deal to reduce the deficit. However NAFTA has had numerous devastating effects on the first and third world.

Quote:
Budget and trade deficits averaging more than $200 billion a year eventually quadrupled the U.S. national debt to $2 trillion. Meanwhile, family incomes stagnated, income inequality worsened, and unemployment and poverty increased.


http://findarticles.com/p/articles/mi_m1374/is_n5_v53/ai_13255801/

US debt rose substantially under NAFTA as many protectionist barriers were lowered, allowing major corporations to ship labor overseas. It also loosened monetary restrictions leading to an explosion in hot money. Hence the overabundance of credit during a trade deficit.

Meanwhile the third world lost its protectionist barriers as well, meaning that NAFTA didn't even help them but instead drove many of them out of business: Mexican Farmers See Death Sentence in NAFTA

Quote:
On the first day of 2003, protective tariffs on imports of sorghum and most other farm goods will disappear under NAFTA and cheaper U.S. imports are expected to flood into Mexico and dominate market share.


Quote:
Producers see a death sentence in the agricultural chapters of NAFTA, signed a decade ago and implemented since 1994, and blame the Mexican government for not preparing them for free trade.

"The governments of the recent past and of the present have refused to assume the commitment of rural development; they have refused to assume the responsibility of promoting agricultural activities, as it has been much more comfortable for them to be simple spectators," legislators said in a recent document sent to Mexican President Vicente Fox as part of a petition for more protection of the agriculture sector.


"The countryside is being abandoned," said Sergio Ramirez, a sorghum farmer from Yecapixtla, a tiny farming pueblo some 50 miles south of Mexico City. He said he believes he will soon be yet another casualty of NAFTA.

https://www.iatp.org/iatp/factsheets.cfm?accountID=258&refID=29575

Quote:
some 1.8 million family farmers had been forced to migrate since NAFTA went into effect on January 1, 1994.15


NAFTA is worse for the US and the third world. The case against NAFTA is not, as many imagine literally everything to be an equitable trade off. We are not talking job security vs. helping the economy grow, or helping first world workers or third world workers. Life isn't always that idealistic. Sometimes a policy is just overwhelmingly bad.

We are talking about a policy that literally harms pretty much everyone except a scant few corporations that got us into this debt.
 
     
"We stand for the maintenance of private property... We shall protect free enterprise as the most expedient, or rather the sole possible economic order."-
Adolph Hitler

"Fascism is capitalism plus murder." - Upton Sinclair
 
You have no idea what first and third world mean, do you?
     
Let me ask somebody worth listening to: what's wrong with NAFTA?
 
     
 
Mokie7
Let me ask somebody worth listening to: what's wrong with NAFTA?

US industries can dominate Developing Mexican industries?

Idk, don't really care much about Nafta.
     
Mokie7
Let me ask somebody worth listening to: what's wrong with NAFTA?

Well many manufacturing jobs in the US were sent to Mexico where labor is cheaper.

Companies that didn't move to Mexico threatened too, which allowed them to pay their employees less. This also made it harder to unionize the company.

Many farmers in Mexico got hurt because of subsidized in the US. This caused the imported agriculture to be cheaper then the domestic made agriculture.

It also caused an increase in pollution for Mexico, as well as increased deforestation.
Source
 
     
 
Quote:
However NAFTA has had numerous devastating effects on the first and third world.


And Canada.
     

my latest ABR 'comic'
http://formspring.me/cshallow
Good. Repeal it.
 
     
It takes a village to raise a child, but it takes a Viking to raze a village.

Herobane's political compass:
Economic Left/Right: -6.75
Social Libertarian/Authoritarian: -1.74

ᛏ ᛇ ᛗ ᛝ ᛋ
 
Goddammit.

********. No.

Repealing this would make us end up with the burden of extra tariffs on goods we wish to ship to the United States, which is a huge market. Not to mention this would spark a trade war.

Hell ******** no.

At least, hell ******** no until we diversify the partners we trade with.
     
Oidin
Mokie7
Let me ask somebody worth listening to: what's wrong with NAFTA?

Well many manufacturing jobs in the US were sent to Mexico where labor is cheaper.

Companies that didn't move to Mexico threatened too, which allowed them to pay their employees less. This also made it harder to unionize the company.

Many farmers in Mexico got hurt because of subsidized in the US. This caused the imported agriculture to be cheaper then the domestic made agriculture.

It also caused an increase in pollution for Mexico, as well as increased deforestation.
Source


Then reform NAFTA to deal with that crap instead of outright repealing it. Perhaps include labour and environmental standards. Perhaps include provisions to get rid of agricultural subsidies or enact a ban on exporting subsidized goods.

Either that, or replace NAFTA with another regional free trade agreement, which includes much of the Caribbean and Central America.

Repealing NAFTA is essentially a regressive move that will lead us backwards.
 
     
 
Dermezel
http://www.reuters.com/article/idUSTRE6233MS20100304

Quote:
The bill spearheaded by Rep. Gene Taylor, a Mississippi Democrat, would require President Barack Obama to give Mexico and Canada six months notice that the United States will no longer be part of the 16-year-old trade pact.

"At a time when 10 to 12 percent of the American people are unemployed, I think Congress has an obligation to put people back to work," Taylor said.

He argued NAFTA has cost the United States millions of manufacturing jobs and hurt national security by encouraging companies to move production to Mexico.

The high unemployment rate makes it the "perfect" time to push for repeal even though past efforts have failed, he said.

"You'll see the American people rally behind this, in my humble opinion," said Rep. Walter Jones, a North Carolina Republican who is one of about 28 co-sponsors of the bill.

Business groups like the National Association of Manufacturers and the U.S. Chamber of Commerce strongly support NAFTA, which they say has spurred U.S. economic growth by tearing down trade barriers between the three countries.

The repeal proposal comes as Obama says he wants to resolve problems blocking congressional approval of long-delayed trade deals with South Korea, Panama and Colombia.

The strongest opposition to those agreements comes from Obama's fellow Democrats.

The United States also will begin talks later this month with Australia, New Zealand, Singapore, Chile, Peru, Vietnam and Brunei on an Asia-Pacific regional free-trade agreement.

Obama criticized NAFTA during the 2008 presidential election campaign but has not followed through on threats to withdraw from the agreement if Canada and Mexico did not agree to revamp the pact's labor and environmental provisions.

But many Democrats are pushing for that and other changes to existing trade deals before considering any new deals such as the deals with South Korea, Colombia and Panama.

The House of Representatives is expected to vote later this year on whether the United States should remain a member of the World Trade Organization.

U.S. law allows House and Senate members to request a vote on that issue every five years. In 2005, 86 of the House's 435 members voted to withdraw from the world trade body.


******** America.

Quote:
It is about time. Clinton signed this bill into office under a Republican Congress as part of a deal to reduce the deficit. However NAFTA has had numerous devastating effects on the first and third world.


You're just crying about our delicious softwood lumber.

Quote:
Quote:
Budget and trade deficits averaging more than $200 billion a year eventually quadrupled the U.S. national debt to $2 trillion. Meanwhile, family incomes stagnated, income inequality worsened, and unemployment and poverty increased.

This is all Bush's fault, not NAFTA.

Quote:
Quote:
US debt rose substantially under NAFTA as many protectionist barriers were lowered, allowing major corporations to ship labor overseas. It also loosened monetary restrictions leading to an explosion in hot money. Hence the overabundance of credit during a trade deficit.

A) Bush tax cuts + Afghan & Iraq war happened. Essentially, blame mismanagement by neocons, not NAFTA.

B) Regarding credit, you guys should have regulated your financial sector. I mean, us Canucks are under NAFTA, yet our banking sector is the soundest in the world.

C) The hot money problem can be dealt with by instating minimum time requirements.

Quote:
Meanwhile the third world lost its protectionist barriers as well, meaning that NAFTA didn't even help them but instead drove many of them out of business: Mexican Farmers See Death Sentence in NAFTA

NAFTA may have lead to this, but the brunt of the fault remains with the USA's agriculture subsidies. Those very same subsidies supported largely by the Democrats.

Quote:
Quote:
On the first day of 2003, protective tariffs on imports of sorghum and most other farm goods will disappear under NAFTA and cheaper U.S. imports are expected to flood into Mexico and dominate market share.

Then America and the rest of the developed world should reduce its subsidies in order to reduce dumping on developing nations.

Quote:
Quote:
Producers see a death sentence in the agricultural chapters of NAFTA, signed a decade ago and implemented since 1994, and blame the Mexican government for not preparing them for free trade.

"The governments of the recent past and of the present have refused to assume the commitment of rural development; they have refused to assume the responsibility of promoting agricultural activities, as it has been much more comfortable for them to be simple spectators," legislators said in a recent document sent to Mexican President Vicente Fox as part of a petition for more protection of the agriculture sector.



"The countryside is being abandoned," said Sergio Ramirez, a sorghum farmer from Yecapixtla, a tiny farming pueblo some 50 miles south of Mexico City. He said he believes he will soon be yet another casualty of NAFTA.

Its America's fault for being an agriculture subsidizing d**k. NAFTA is just a convenient scapegoat for what is predominantly America's fault.


Quote:
https://www.iatp.org/iatp/factsheets.cfm?accountID=258&refID=29575

Quote:
some 1.8 million family farmers had been forced to migrate since NAFTA went into effect on January 1, 1994.15


NAFTA is worse for the US and the third world. The case against NAFTA is not, as many imagine literally everything to be an equitable trade off. We are not talking job security vs. helping the economy grow, or helping first world workers or third world workers. Life isn't always that idealistic. Sometimes a policy is just overwhelmingly bad.

Particularly American domestic policy in regards to agricultural subsidies. Once again, NAFTA is just a convenient scapegoat for ya.

Quote:
We are talking about a policy that literally harms pretty much everyone except a scant few corporations that got us into this debt.

Or perhaps America should learn to take the blame it deserves, stfu, and stop subsidizing its farmers.

That being said, Obama's doing something good in regards to this.

tl;dr: ******** supply side reverse keynesian economics.
     
AnarchoPhiliac
Oidin
Mokie7
Let me ask somebody worth listening to: what's wrong with NAFTA?

Well many manufacturing jobs in the US were sent to Mexico where labor is cheaper.

Companies that didn't move to Mexico threatened too, which allowed them to pay their employees less. This also made it harder to unionize the company.

Many farmers in Mexico got hurt because of subsidized in the US. This caused the imported agriculture to be cheaper then the domestic made agriculture.

It also caused an increase in pollution for Mexico, as well as increased deforestation.
Source


Then reform NAFTA to deal with that crap instead of outright repealing it. Perhaps include labour and environmental standards. Perhaps include provisions to get rid of agricultural subsidies or enact a ban on exporting subsidized goods.

Either that, or replace NAFTA with another regional free trade agreement, which includes much of the Caribbean and Central America.

Repealing NAFTA is essentially a regressive move that will lead us backwards.
 
     
[image]http://iamhilarious.com/wp-content/uploads/2009/05/1236166573_steven_seagal_shooting_kids.gif[/image]
 
Repealing NAFTA would be good to bring back jobs in America if we remove the Mexico factor. If there is one thing that is screwing America in its continuous void to capitalism is the lack of stronger quotas and tarrifs
     
"Everyone I've talked to thinks you're a moron." - Anonymous

"Everyone you've talked to must be morons because only morons think others are morons." - Skuld
You can't get the s**t back in the goose, you can't bring back Uncle Ben, and you can't roll back globalization. And you don't want to.

Jobs and currency are functionally superfluous, indicative of the real economy, which consists of product and services- actual wealth. Integration may necessitate adjustments, but it increases the overall amount of wealth greatly.

This is a stupid logistical problem that could be solved with decent work programs, training, and some basic tinkering with the NAFTA treaty. It's sheer Luddite thinking to want to bring back the era of protectionism.

Much like with the immigration problem, the answer is absorption, not isolation.
 
     
http://imgur.com/qkDND.jpg
 
iSkuld
stronger quotas and tarrifs

A part of me just died inside.
     
"Daddy where did the economy go?"

"I'm sorry son, Communism had to make the economy go to sleep."

"No Daddy no!"

- Comrade Mann

"...and you are debating with a neo-lib. (Very similar to a Nazi, but they don't know it yet.)"
It is beyond me how anybody can see something other than blatant exploitation of Mexico's supply of cheap labor in NAFTA. The kind of free trade I could actually support would necessitate completely open borders, such that a Mexican worker would be functionally identical to an American worker from an employer's point of view. Since that is not the case, and a Mexican worker is simply considered a cheaper, disposable substitute for an American worker, NAFTA is a fire-breathing monster that should be beheaded as soon as humanly possible.
 
     


God willing, we will prevail, in peace and freedom from fear, and in true health, through the purity and essence of our natural fluids.
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