Posted by Brian Jasper co. Ia on April 11, 2008 at 17:58:09 from (67.142.130.14):
In Reply to: Re: OT - Economics posted by JimPeoria on April 11, 2008 at 16:16:13:
NAFTA gave away good jobs because in Mexico a job there that pays $5 an hour is equal to something that pays $25 in the U.S. Why would you pay $25 per hour for labor when you can get it for $5 per hour, spend the equivalent of $10 per hour for transportation and sell for the same price if it were made here in the U.S.? GM does this producing vehicles in Mexico now. Look on the door of your new Tahoe or Suburban. I've seen several that say made in Mexico. Another way to get cheap China junk into this country is ship it to Mexico where they welcome it duty free, then ship it duty free under NAFTA to the U.S.
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