Rpruett said:
HappySqurriel said:
Rpruett said:
GuiltySpartan77 said:
No offense to Canada but why the hell would the United states sign something where they have to let foreign country's trade and sell stuff as if they were an American business? Sorry i just don't see the point. |
Ding ding ding ding!
Thank you BIll Clinton for that gem of an idea. All that NAFTA has done for this country is slowly continue to push companies into Canada for cheaper labor and more relaxed laws and give them a competitive advantage over American companies. Near where I live atleast 4 -5 companies have sold and had their operations moved into Canada. This is happening all over the country in a variety of businesses. People talk about Chinese buying American ventures, the Canadians are doing a lot too and moving it up to Canada.
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When the Canadian dollar was worth $0.65 US you could argue that cheap labour was causing the jobs to be outsourced ...Now that the Canadian dollar is worth more than the American dollar the reason Jobs/companies are still moving to Canada is that we have a more business friendly environment due to lower corporate taxes, more streamlined and effective regulation, and less corruption in the government.
Beyond this, I find it very interesting that after (about) 10 years criticism of NAFTA has almost dissappeared because there had been such dramatic economic growth with relatively low inflation that even the most critical opponents had to admit that free trade worked; and now, after a "Made in the USA" financial crisis has hurt the economy around the world Americans blame NAFTA and not their incompetent regulators, corrupt government, criminal banks and greedy neighbours for the poor economic conditions.
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I agree with you, NAFTA allows United States businesses to benefit Canada and hurt America. Nafta allows Canada to maintain a competitive advantage over United States businesses. Where I ask is a bulk of this dramatic economic growth taking place? Seems to me that Canada (Not the United States) has been the biggest benefactor of NAFTA.
America is at fault for many reasons for their current position and could actually learn from Canada quite a bit. However, Canada was able to put themselves in that position while piggy backing off of America and taking advantage of their businesses.
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It doesn't though... what allows Canada to maintain a competative advantage over the US is overregulation. I mean, it SHOULD be more expensive to work in Canada on the surface of the matter.
They just have half the corproate tax rate, compaired to the US, despite being way more socialist. Which really says something when people complain that the corporate tax rate should be HIGHER.
