Bush pushes CAFTA

Discussion in 'Economy' started by ScreamingEagle, May 13, 2005.

  1. ScreamingEagle
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    ScreamingEagle Gold Member

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    President Bush tried yesterday to break congressional resistance to a free-trade agreement with Central American nations by arguing that open markets will help improve security and promote freedom in the Western hemisphere.

    Bush welcomed the presidents of the Dominican Republic and the five Central American countries of Costa Rica, El Salvador, Guatemala, Honduras and Nicaragua to the White House for a private Oval Office meeting and a public show of unity in the Rose Garden.

    "The best way to achieve peace and prosperity for our hemisphere is by strengthening democracy and continuing the economic transformation of Central America and the Dominican Republic," Bush said. "And all of us agree that the Central American and Dominican Republic Free Trade Agreement presents us with an historic opportunity to advance our common goals in an important part of our neighborhood."

    http://www.ecommercetimes.com/story/W7HG3CHYqZ8CQH/Bush-Lobbies-for-CAFTA.xhtml
     
  2. 5stringJeff
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    5stringJeff Senior Member

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    At least he's doing one thing right with Latin America!
     
  3. archangel
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    I have to disagree with GOP Jeff on this one..GW is just putting another nail in the GOP coffin on this...As if it were not enough that jobs were outsourced to Mexico in order to chase the low wage mentality of American Corporations(Used loosely)..It has been said that chasing jobs in Central America is the effect of getting three Central American workers for the price of one Mexican.


    This has nothing whatsoever to do with "Free Trade" It is a scam to get poverty level wage earners... in order to bolster the CEO's Bonus packages...
    This was done with the "China" agreement as well.Central Americas exports(GNP) are equal to the production and GNP of the city of Austin,Texas...

    Please explain to me how this will help the General US population (wage earner)who... is or is that was... the backbone of the U.S.economy...This will do absolutely nothing to reduce the "Trade Deficit"....This has got to stop!
     
  4. 5stringJeff
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    5stringJeff Senior Member

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    Cheaper goods for consumers and a more efficient economy, to name two things. Same thing that happened when NAFTA was signed. Not to mention the further alienation of Castro's Cuba.
     
  5. ScreamingEagle
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    ScreamingEagle Gold Member

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    I understand it may hurt the U.S. sugar industry somewhat but what other/how many U.S. jobs will be lost as a result of this?
     
  6. SmarterThanYou
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    with the trade agreement, how many central american workers will be allowed in on visas to work?
     
  7. ScreamingEagle
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    ScreamingEagle Gold Member

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    As many as Mexican visas?
     
  8. 5stringJeff
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    5stringJeff Senior Member

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    They use visas?
     
  9. ScreamingEagle
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    ScreamingEagle Gold Member

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    My point exactly. :D
     
  10. archangel
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    archangel Guest

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    GOP Jeff and Screaming Eagle...If we lose most if not all our US wage earner jobs...then who will lower cost of products benefit...also "sugar" get real...most electronic,automotive parts,and general factory jobs are what is being outsourced...Companys are looking to find the cheapest labor they can find....sorry this is the reason...It will have zero effect on national security... this is just another scam...and I for one am really getting tired of both parties putting this BS out there...How dumb do they think Middle America is.....geez!
     

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