CAFTA, like NAFTA, is a political sell-out to big business
It cracks me up to hear people position these free trade agreements as beneficial to Americans:
http://www.foxnews.com/story/0,2933,163840,00.html
They clearly are not, they only serve to make it more lucrative for big business to move factories and businesses overseas. NAFTA was a travesty, and CAFTA will be as well, these agreements are how politicians pay back political donors who helped get them elected. It's a stab in the back to the American worker who only wants to make a decent wage.
I don't agree with the extortion power of unions, they're just greedy and corrupt now. But I also don't agree with trade deals like this that benefit only the richest 1% of the country. American companies should not be allowed to move overseas just because of corporate greed. And please don't try to tell me that American companies can't make a profit in this country, it's only the greed of owners, management, and stockholders that encourages companies to screw their American workers.
Adios MF,
Doug
posted by Doug @ 12:51 PM
7 Comments:
say what?!? doesn't sound like the politicians are "paying back" Big Sugar! hmm...wonder how nafta affected trade with...Canada? :)
Bobby says.....
Bottom line. China has taken the American textile worker to the cleaners. Cafta will depend on American raw materials, and C.A. labor. This should retain some U.S. production for the looming factories. Which for the most part are automated and require few workers when compared to the U.S. mill workers, and cut and sew employees of yesterday.
This whole idea( stupid or not ) is probably too little too late, because most textile looms and factories have already been moved to China years ago. I do not think the American textile worker has too much to lose. They lost it a long time ago. About the time we got those two cute little Panda bears,Ling Ling and Ping Ping, or whatever. We started petting the wrong animal a long time ago. China free trade killed the unskilled labor force in America.Textiles are just the tip of the berg.
Companies like WalMart and American factories justify the loss of American jobs by telling us how Americans benefit by lowering American consumer costs.
Well that is probably true. Our costs have gone done, and so has the quality. If Americans want to save American jobs they need to buy American made goods. Remember that the next time you shop WalMart for the best price. You will probably have a hard time even finding a choice.
The Cafta program will not restore US jobs, it is however set up differently than Nafta. The only real benefit is that we might be able to compete with China closer to home, and improve the infrastsructure of some C.A. countries.The countries involved in Cafta are an untapped labor force to most U.S. companies. (Many US Textile companies have had production in Guatemala, Dominican Republic etc. for years however).It probably won't do anything to benefit anyone. More political B.S. I just hope it allows some employment opportunities to go somewhere besides China.Obviously the jobs are not going to stay here.
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semi-colons are for wimps!!!!
Jeez, what a bunch of language whiners! Okay, okay, I get fired up and run on sometimes, sue me. I think the offer of continuing education above is some kind of liberal dig. Guess I'm too ignorant to get it.
I still think that without the ability to force member countries to adopt US-like fair labor standards and free-trade practices, CAFTA will only duplicate the mass job exodus of NAFTA.
And in case you can't tell from my blog - I'm not in favor of globalization at the expense of American might and economic dominance. Too much like socialism. Screw 'em if they weren't smart enough to build a capitalist world presence. :>)
And, by the way Skimps. Your hypthetical scenario above about the inability of small business to succeed in some areas sounds suspiciously like Burlington VT...
There's a million other areas in the US that DON'T tax it's citizens to death or force them into unions who suck an employer dry.
However, there are some thoughtful points in your arguments above. I just doubt the veracity of any non-US signatory, everyone wants a piece of our economy and foreign governments/greedy US companies will take it out of the American worker without a second's hesitation.
Competing with China is indeed the game of the future, anything that helps minimize their economic power will help (too bad they couldn't have a real democratic revolution, it must suck to be an average peon in that country).
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