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Strategies & Market Trends : Booms, Busts, and Recoveries
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To: Raymond Duray who wrote (41418)11/14/2003 3:49:11 AM
From: energyplay  Read Replies (2) of 74559
 
I think that both NAFTA and WTO could be modified to produce large net benefits for wide sectors of the involved populations, instead of the relatively narrow interests who are benefiting now.

Right now, the US taxpayer is subsidizing agribusinesss to put Mexican farmers out of work, so the surplus labor will reduce US wages.

Bringing the Mexican standard of living up towards that of Canada would reduce much of the exploitation and expand business on both sides of the border.

Note that the US doesn't have much of a problem with Canada.
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