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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: Raymond Duray who wrote (41418)11/14/2003 3:49:11 AM
From: energyplay  Read Replies (2) | Respond to 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.



To: Raymond Duray who wrote (41418)11/14/2003 3:50:32 AM
From: elmatador  Read Replies (1) | Respond to of 74559
 
Ray, you're a too goody goody, Hippie lost in the 21st century. NAFTA is good, both to the US and to the rest of the contient.

Look to Europe: Poor countries like Ireland, Greece, Italy, Portugal and Spain and now:
Latvia, Czech Republic, Poland, Slovakia, Hungary and Slovenia.

All countries that adhered to democracy and get rich in the process. It is time to make a single market from Alaska to Tierra de Fuego.


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