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Politics : Formerly About Applied Materials

AMAT 322.34

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Jan 23 9:30 AM EST

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To: Cary Salsberg who wrote (46357)	5/7/2001 1:36:49 PM
From: Joseph Beltran	Read Replies (3) of 70976

Cary, If these free trade agreements struck by the clinton (and other) administrations are soooo good for the u.s.a. why are we running (and have been running) a chronic trade account deficit? The u.s.a. has lost its manufacturing base for good. u.s. companies have followed cheap labor overseas... that's not good for us. a day will come when we will not have the manufacturing know-how or capacity to provide for our national defense. If the service jobs leave this country the consumer base of the u.s.a. will begin eroding. our standard of living will begin to decrease and we will not be able to afford to buy those products which are now being manufactured overseas. I read over the weekend that the european union aims to get rid of all national borders among workers. In other words, workers will be able to move freely from one country to another. That's pretty much what the current president of mexico is proposing vis a vis the u.s.a. I have a bad feeling about these winds of change....

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