I hear the so called "capitalist" say that these agreements produce more US jobs. How does they? What jobs? What are the benefits?
(1) Jobs:
What jobs have been created. We know its not manufacturing jobs. Is it sales jobs? The competition between sales has driven sales job wages well down and creates extremely low job security.
R & D jobs. Seriously? We educate students from around the world. Many used to stay here (many illegally) and then work in America. Now they take the know-hows back to countries like Mexico and India and compete directly with American R & D jobs. Getting paid $40K annuall in India or Mexico makes you 10x richer (in terms of standard of living) than making $140K in America!
Construction jobs? Nope.
So where are the jobs created by NAFTA, CAFTA and other FTA?
(2) Lower Prices:
Food prices, gas prices and just about every price has shot up dramatically since these agreements have been put into place. People will say that its inflation, devaluation of the dollar and deficit, but that still won't make up for the fact that people are making less but playing 10x more.
The lower cost to business has not equated to the substantially lower cost to the America work to make up for the loss of all the US jobs.
(3) Increased Exports:
This is always what the Free Traders point out as the "see it works!" However, take our top ten, heck 15 trade partners and we have a deficit with all of them and its not just oil imports, its everything. Heck look at all the countries in CAFTA (Honduras, Costa Rica, El Salvador, Guatemala, Nicaragua, Dominica Republic and Peru), we have a trade deficit will all of them. There is something work there!
FTA are not working for us in their current state!
(1) Jobs:
What jobs have been created. We know its not manufacturing jobs. Is it sales jobs? The competition between sales has driven sales job wages well down and creates extremely low job security.
R & D jobs. Seriously? We educate students from around the world. Many used to stay here (many illegally) and then work in America. Now they take the know-hows back to countries like Mexico and India and compete directly with American R & D jobs. Getting paid $40K annuall in India or Mexico makes you 10x richer (in terms of standard of living) than making $140K in America!
Construction jobs? Nope.
So where are the jobs created by NAFTA, CAFTA and other FTA?
(2) Lower Prices:
Food prices, gas prices and just about every price has shot up dramatically since these agreements have been put into place. People will say that its inflation, devaluation of the dollar and deficit, but that still won't make up for the fact that people are making less but playing 10x more.
The lower cost to business has not equated to the substantially lower cost to the America work to make up for the loss of all the US jobs.
(3) Increased Exports:
This is always what the Free Traders point out as the "see it works!" However, take our top ten, heck 15 trade partners and we have a deficit with all of them and its not just oil imports, its everything. Heck look at all the countries in CAFTA (Honduras, Costa Rica, El Salvador, Guatemala, Nicaragua, Dominica Republic and Peru), we have a trade deficit will all of them. There is something work there!
FTA are not working for us in their current state!