From the Economist (Feb., 2017) - Nafta, Reshape or Shatter? Excerpt: True enough, NAFTA may need some rework. But, as it stands, Donald Dork is whipping a dead horse. He made a promise he cannot keep with "Bringing jobs back to America". Whyzzat? Those jobs were semi-skilled manufacturing jobs. This is the history of said workforce in the US from the Bureau of Labor Statistics - "Employment, Hours, and Earnings from the Current Employment Statistics survey (National)" - note that it all came apart in 2008 with the Great Recession: (NB: Those are millions above and not thousands - as in 12.4 million employees at present in 01/17.) So what's a country to do? Especially when its manpower costs are amongst the highest in the Industrialized World? Punt? Yes, in the sense that we must put substantial investment quickly into Tertiary Education of our youth to learn skills/competencies (whether vocational, 2 or 4-year) - and the cost should free, gratis and for nothing*. The fact that our children are graduating with an average debt of $35K a year is a substantial block to those wanting to pursue a post-secondary degree. No, below the Poverty Threshold, where post-secondary degrees would do the most good to lift young adults out of poverty into well-paying jobs, the ability to assume that debt is non-existent. Which is why nearly 45% of our high-school students today will NOT obtain a post-secondary degree qualification. So, what are they to do? Punt? Punt where? Drugs, theft and/or fraud? Or, join the Army and risk their lives in the Middle-east for a free government scholarship to obtain a post-secondary degree. Yep, that's what they are doing - risking their lives to exit poverty ... *So, why the give-away? Because there's a payback. Those who obtain a post-secondary degree are: -Unlikely to spend most of their time on unemployment (thus living off the "gummint"), and -They will likely find in a renewed economic expansion (that has been on-course since 2014) a better paying job and their taxes over a period of 20 years or so be sufficient to repay the initial costs. Thus, -They and their families live lives worth living ...
same old spam from economist about another welfare program. This time free education! But guess what you need free food first; oh and free clothing, shelter, transportation, and adequate heat in winter, Ac in summer, oh and affirmative action too and free health care too. How can you study if you are not healthy?
Trade Deficit With Mexico Has Grown at Fastest Pace Since 2008... As NAFTA Talks Continue, Trade Deficit With Mexico Has Grown at Fastest Pace Since 2008 November 9, 2017 – Americans are buying more Mexican goods and services, increasing the U.S. trade deficit with Mexico at the fastest pace seen in at least nine years, according to federal census data.
And so? 2015 TOTAL trade with Mexico: Most of that trade with Mexico is car-parts. You'd rather that those first two items (cars and car-parts) be made in the USA. So American cars cost even more. Right? Which would contract Total Demand for cars, if the Supply of foreign-made cars was capped. Which would spark a retaliation by foreign countries who would increase tariff-duties of American imports, lowering their volume imported. Trade is always a two-way street. Always has been, always will be. And without trade total economic growth is always lower than with trade. Something Donald Dork has never understood ...
Could NAFTA withdrawal push Iowa into another farm crisis? Ag ... DesMoinesRegister.com-8 hours ago Hill said he's worried withdrawing from NAFTA could spark a farm crisis ... routes, investments will all be reshaped if we back out of NAFTA.".
Florida agriculture's future hangs on new NAFTA Sarasota Herald-Tribune-Nov 9, 2017 Florida agriculture's future hangs on new NAFTA .... that production comes during the winter months, the same months during which most Mexican farmers operate. ... “They're both telling us they're getting a lot of push back.”.
Farmers voted heavily for Trump. But his trade policies are terrible ... Washington Post-Oct 24, 2017 And yet, President Trump — whom many farmers voted for specifically ... estate taxes on inherited farmland and roll back regulations on farm runoff, ... North American Free Trade Agreement (NAFTA) — a move that farm lobbying ... every additional bushel will push prices lower — forcing farmers to take out ...
Same old thread from OP. Give everyone a free education. And for the 100th thread in a row, no mention of how to pay for it. Let's also not forget that according to Harvard 2/3 of college graduates aren't even working in their field of study. On top of that, around 40% of college grads are working jobs that don't even require a college degree.
