so, how would the lower wage in foreign countries be addressed when renegotiating the treaty? How can this be fixed? Any ideas Jim, that would still be considered free and fair trade for all countries involved?
How fair can two groups be to each other when one has all the economic advantages and the other only cheap labor?
I think that goods coming in from Mexico should have a tariff applied to them based on that particular companies low wages, substandard environmental standards and poor worker safety practices to even the field with products made here in the US.
If a widget costs less in Mexico because the company makes it with $20 per unit saved from not meeting OUR environmental, safety and labor costs, then a $20 tariff per unit should be used to remove economic advantage in damaging the environment in Mexico and abusing Mexican workers.
Of course the actual costs and how to do this is more complex, but I am certain it is plausible. IF journalists can dig these things up, then government investigators acting under the provisions of a trade treaty should be able to get to the facts as well.
What is the point of moving the pollution just across our borders and giving corporations an economic incentive to exploit and abuse Mexican laborers?
We also need to revise our own tax laws to give corporations a tax deduction for hiring American citizens, say an added 20% of American labor cost deduction to their taxable profits?