Quote:
Originally Posted by sandgk
Far too simplistic when, as you note, the effective job drain is to countries including China, Europe, Japan, Taiwan, etc, etc. None of which are, by definition, NAFTA signatories.
Besides which there is the, not minor, issue that the transfer of manufacturing jobs outside the US to low wage Asian and Indian markets is propelled by multinationals. Again, this a trend that has nothing to do with NAFTA - it is a matter of economic self-interest by corporations. The assumption that we are all going to a service economy oft-touted in the press has dangerous assumptions tied to it, dangerous outcomes that result from the same.
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Simplistic yes , and you make some good points.
My point being that it started with Nafta and the immediate movement of factories and jobs to Mexico. We all should.remember manufacturers by the dozens just picking up and moving there so they could pay wages like $2.50 an hour
Another point I neglected to bring out is that this country not only held more mfg jobs than any other in the world but also controlled most of them. That is no longer true. Just think of how many products that used to be made in this country that not longer are.
the tailoring industry is almost non existant as are the plants mfg all kinds of small items.