1srelluc
Diamond Member
My net worth, onhand tangible holdings, land ownership, and a high level of preparedness allows me to overcome such obstacles.
You don't even have a job do you? Come on, fess-up.
Recession mentions are near a 3-year low for corporate America
You don't even have a job do you? Come on, fess-up.
Hellbilly
Platinum Member
So you’re just a whiney little bitch.My net worth, onhand tangible holdings, land ownership, and a high level of preparedness allows me to overcome such obstacles.
You don't even have a job do you? Come on, fess-up.
Btw. I’m retired.
1srelluc
Diamond Member
You sure did not get any wiser.....I bet you retired on disability.
Rambunctious
Diamond Member
- Jan 19, 2010
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Hellbilly
Platinum Member
Wrong again. Worked from age 15 to 65. Retired last September.
1srelluc
Diamond Member
Hellbilly
Platinum Member
H
Harpy Eagle
Guest
- Thread starter
- #28
I accept your surrender
Rambunctious
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If you want a recession, vote Republican.
There have been four recessions in the United States over the last 35 years: The first began in early 1990, during George H.W. Bush’s Republican administration; the second began in the spring of 2001, during George W. Bush’s Republican administration; the third (and most severe) began in late 2007, also during George W. Bush’s Republican administration; and the fourth began in the spring of 2020, during Donald Trump’s Republican administration.
“You’re going to have a hard time believing this, but so help me, I triple-checked it. Since the end of the Cold War in 1989, America has created about 51 million new jobs. I swear I checked this three times. Even I couldn’t believe it. What’s the score? Democrats 50, Republicans one.”
Why Bill Clinton’s amazing statistic about jobs and Democrats matters
Bill Clinton made a bold claim this week about U.S. job growth under Democratic presidents. It also happened to be true.
www.msnbc.com
Rambunctious
Diamond Member
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After the cities reopened from covid lockdowns and businesses started to bring back workers a monkey could have created 15 million jobs....
Well a monkey was no longer president because we booted the monkey from office. He mismanaged Covid. They say 400,000 deaths are because Trump mismanaged Covid.
Funny you don't care about the why or the details when the stat favors Republicans. Fact is, since 1989, Democratic presidents added 50 million jobs and Republicans only 1.
And the four major recessions we had were on HW Bush, GW Bush's and Trump's watch.
Rambunctious
Diamond Member
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Still bragging about creating 75 million jobs after covid if even true is nothing to write home about...
Well it's like blaming Clinton for NAFTA. HW Bush drafted NAFTA. Every Republican voted for it. The only people who voted against it were Democrats and unions. But that doesn't stop you today from trying to blame Clinton for NAFTA.
Or when you say Hillary voted to invade Iraq. Yea, after Bush lied to her. He lied to all of us. But the fact is, on Bush's watch, he had a Great recession right at the end of his last year. And he handed Obama a mess. But you don't want to hear the details.
Ok fine. No details. Just the facts. Democratic presidents added 50 million jobs and Republicans only 1.
Rambunctious
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I never mentioned NAFTA but Trump's agreement is far better for America.... American law makers and past presidents believe our nation needs to always get the short end of the stick in these types of agreements with other nations... I have never understood that... This is why I voted for Trump... because he puts America first... and it makes the lives of Americans in every financial status better and less of a struggle....
"Clinton also stated that "NAFTA means jobs. American jobs, and good-paying American jobs. If I didn't believe that, I wouldn't support this agreement." NAFTA replaced the previous Canada-US FTA"
North American Free Trade Agreement - Wikipedia
H
Harpy Eagle
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I never mentioned NAFTA but Trump's agreement is far better for America.... American law makers and past presidents believe our nation needs to always get the short end of the stick in these types of agreements with other nations... I have never understood that... This is why I voted for Trump... because he puts America first... and it makes the lives of Americans in every financial status better and less of a struggle....
"Clinton also stated that "NAFTA means jobs. American jobs, and good-paying American jobs. If I didn't believe that, I wouldn't support this agreement." NAFTA replaced the previous Canada-US FTA"
North American Free Trade Agreement - Wikipedia
en.wikipedia.org
Do you have any clue what the differences between NAFTA and USCMA are?
Rambunctious
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The USMCA modernized NAFTA for a global economy.... it updated rules that govern labor... the environment...
And tech... it protects our tech companies...
It made NAFTA workable and didn't screw our nation over... America first pal whether you like that or not....
H
Harpy Eagle
Guest
- Thread starter
- #39
So, you have no fucking clue. You are just throwing out talking points.
Let me educate you.
I posted this when the deal was first done...this is a copy and paste from that thread.
Changes from NAFTA to USMCA...
1. Cars and trucks must have 75 percent of their components manufactured in Mexico, the US, or Canada to qualify for zero tariffs (up from 62.5 percent under NAFTA). While this sounds some what impressive, there are only two car lines sold being made in these countries that did not already meet the 75% rule. Trump wanted it to be 85%, but the other two would not agree to that, so he relented.
2. 40% of an automobile and 45% of a light truck must be produced using an average labor wage of $16/hour by 2023. Very nice for Mexicans, meaningless for Americans and not enough to force companies to bring production home when the average union auto worker is making $28 an hour with a whole lot better (and more expensive) benefits.
3. Restrictions on the import of U.S. ultra-filtered milk into Canada have been removed. This is a niche product used mostly by people like body builders and such looking for a boost in protein without extra sugar. Total sales in America are in the 130 million range and the companies that make it are very limited.
4. US producers will have access to an additional 3.6% of Canada’s dairy market. The entire Canadian Dairy market is about 10.5 billion total, so 3.6% of that is about 380 million. The US dairy market is about 47 billion, so the extra sales come out to 0.81% addition...less than 1% more sold...and that is only if they can take advantage of the full 3.6% extra that is open...which is not guaranteed. According to the US International Trade commission the new deal would add about 227 million a year to US dairy sales, or 0.61%. I guess they are not expecting the dairy companies to be able to take advantage of the whole extra 3.6% of the Canadian market.
5. The Trump White House said that the USMCA will create 176,000 jobs. Again, sounds impressive till you find out that is over the 16 year lifespan of the USMCA...or about 11,000 per year or 917 extra jobs per month...917! Not exactly a needle mover in regards to the economy.
6. The Trump White House also said that the USMCA would add 76,000 new auto jobs in the US...over the 16 year lifespan...that comes out to 4750 a year or 396 a month. Again...not really moving the needle at all considering there are 9.9 million auto workers in the US right now.
Rambunctious
Diamond Member
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You dummy LMAO... you doing a copy and paste job doesn't prove I don't know the differences between NAFTA and the USMCA.... I can copy and paste too....
The North American Free Trade Agreement (NAFTA) and the United States-Mexico-Canada Agreement (USMCA) are both trade agreements between the United States, Mexico, and Canada, but there are key differences between the two. Here are some of the major distinctions:
1. Automobile Industry
- NAFTA: NAFTA required that 62.5% of vehicle parts be made in North America to avoid tariffs.
- USMCA: USMCA increased this threshold to 75%, meaning a greater proportion of vehicle parts must be sourced within North America for a vehicle to qualify for tariff-free status. Additionally, USMCA requires that 40-45% of auto content be made by workers earning at least $16 per hour, which is intended to raise wages, particularly in Mexico.
2. Labor Standards
- NAFTA: Labor provisions were relatively weak and were included in side agreements, rather than in the main text of NAFTA.
- USMCA: Labor protections are stronger in USMCA, with a commitment to implement International Labor Organization (ILO) standards. The agreement includes mechanisms for enforcement, such as the ability to conduct inspections of factories suspected of violating labor rights, particularly in Mexico.
3. Environmental Protections
- NAFTA: Similar to labor standards, environmental provisions were included in side agreements, not in the main text of NAFTA.
- USMCA: USMCA incorporates environmental regulations directly into the main body of the agreement and establishes new measures for cooperation between the three countries on issues like air quality and marine pollution. It also has more stringent provisions for wildlife trafficking and illegal logging.
4. Dispute Resolution
- NAFTA: Under NAFTA, investors could sue governments through the Investor-State Dispute Settlement (ISDS) mechanism. This was a controversial provision, as it allowed private companies to challenge government policies that affected their investments.
- USMCA: The ISDS mechanism was largely scaled back under USMCA, particularly between the U.S. and Canada, though it remains in a more limited form between the U.S. and Mexico for certain sectors (like oil, gas, and telecommunications).
5. Intellectual Property (IP)
- NAFTA: NAFTA had weaker provisions regarding intellectual property, particularly for digital goods and services.
- USMCA: USMCA significantly updates IP protections, especially for pharmaceuticals, digital trade, and copyright laws. It extends copyright protection terms and addresses issues such as data localization and cross-border data flows.
6. Sunset Clause
- NAFTA: NAFTA was a permanent agreement that did not require renegotiation unless all parties agreed to a new arrangement.
- USMCA: USMCA includes a 16-year "sunset clause," meaning the agreement will automatically expire unless all parties agree to extend it. Additionally, it is subject to review every six years, allowing for periodic renegotiations.
7. Agriculture
- NAFTA: NAFTA reduced tariffs on a wide range of agricultural products but had some protections in place for dairy products in Canada.
- USMCA: USMCA opens up Canadian dairy markets more to U.S. products, granting U.S. farmers increased access to the Canadian dairy market. In exchange, Canada received concessions on other agricultural fronts.
8. Digital Trade
- NAFTA: When NAFTA was signed in 1994, the internet and e-commerce were in their infancy, so it lacked provisions for digital trade.
- USMCA: USMCA includes comprehensive provisions for digital trade, such as prohibiting customs duties on digital products like e-books, music, and software, and ensuring the free flow of data across borders.
Summary of Key Differences:
- USMCA places stronger emphasis on labor rights and environmental standards.
- It updates rules for the digital economy, which was not covered in NAFTA.
- The automobile sector has stricter content requirements and wage standards.
- ISDS provisions are scaled back in USMCA.
- Agricultural market access was expanded, particularly for U.S. dairy farmers.
- USMCA includes a sunset clause and periodic reviews to encourage renegotiation and updates over time.
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