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Is Free Trade a good thing?
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<blockquote data-quote="Oldtimer" data-source="post: 598505" data-attributes="member: 97"><p>Some interesting comments about trade and NAFTA came up yesterday in the Congressional hearing on the $25 Billion bailout/loan the Big 3 auto makers want....Besides the comments about each one of the Executives flying from Detroit to D.C. in each ones private corporate jet costing $20,000+ rather than a $500 roundtrip commercial ticket <img src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" class="smilie smilie--sprite smilie--sprite4" alt=":mad:" title="Mad :mad:" loading="lazy" data-shortname=":mad:" /> -- it was brought up that some of the auto companies while closing plants or cutting back on workers in the US were making two complete cars in Mexico and another in Canada- and in some cases were expanding these workforces... </p><p></p><p>As one Congressman asked the auto execs- How much of this $25 Billion you need is Canadian and Mexican taxpayers going to pay :???: </p><p>Do you think American workers and taxpayers should bail out jobs in Mexico and Canada :???: </p><p></p><p>Another Congressman brought up the fact that the automakers were taking $Millions to expand their investments in China-- which the Big 3 Execs answered by saying that they were trying to expand their market in China and China requires you invest in and build in their country in order to market there..... </p><p>Which led the Congressman to respond that could it be possible that the inequities in these one sided Free trade agreements thats causing the economic turmoil the industry and the country are in :???: And should we be looking more toward FAIR trade agreements with these countries- and protecting our US products and workers that are having to fund all these bailouts/loans :???:</p></blockquote><p></p>
[QUOTE="Oldtimer, post: 598505, member: 97"] Some interesting comments about trade and NAFTA came up yesterday in the Congressional hearing on the $25 Billion bailout/loan the Big 3 auto makers want....Besides the comments about each one of the Executives flying from Detroit to D.C. in each ones private corporate jet costing $20,000+ rather than a $500 roundtrip commercial ticket :mad: -- it was brought up that some of the auto companies while closing plants or cutting back on workers in the US were making two complete cars in Mexico and another in Canada- and in some cases were expanding these workforces... As one Congressman asked the auto execs- How much of this $25 Billion you need is Canadian and Mexican taxpayers going to pay :???: Do you think American workers and taxpayers should bail out jobs in Mexico and Canada :???: Another Congressman brought up the fact that the automakers were taking $Millions to expand their investments in China-- which the Big 3 Execs answered by saying that they were trying to expand their market in China and China requires you invest in and build in their country in order to market there..... Which led the Congressman to respond that could it be possible that the inequities in these one sided Free trade agreements thats causing the economic turmoil the industry and the country are in :???: And should we be looking more toward FAIR trade agreements with these countries- and protecting our US products and workers that are having to fund all these bailouts/loans :???: [/QUOTE]
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