03-01-2016, 06:10 AM
Quote:If you want to see the result of an isolationist economy, just have a look at North Korea or Cuba to see what happens when a country chooses to (or is forced to) do everything on their own with no trading partners.
Vermont's GDP is ~35% larger then North Korea's, they are the 50th state by GDP. Cuba does much better at $80Bln GDP- they would rank 38th. We have plenty of trade partners in the US, ourselves. For the record, those two combined are roughly 10% of California's GDP.
Quote:Free trade agreements are good for the economy, that is a fact.
Globally yes, want to have a lengthy conversation about Detroit? Locally free trade can be absolutely catastrophic.
Quote:But really IMO our two countries need to cooperate and continue trading for our mutual benefit.
To be quite honest Sick, I don't think anyone has an issue maintaining trade relations with Canada, Mexico is a *very* different story. That said, if it is all or nothing....
Quote:When your straw hut starts to disintegrate please give me a call so I can try to send you some of my lumber.
We already produce quite a bit more lumber than you and to be honest, those are some good paying jobs the US could use more of. You will run out of lumberjacks *WAY* before we run out of trees.
http://www.cfr.org/trade/naftas-economic-impact/p15790
Quote:Much of this growth has been due to increased trade between the United States and Mexico, where the trade balance—the difference between exports and imports—swung from a $1.7 billion U.S. surplus in 1993 to a $61.4 billion deficit in 2012.
The quote on new job creation is, to be as kind as possible, highly suspect. If a new facility is created to build dash board assemblies that are shipped to Mexico they count that as new jobs- even though the entire car used to be built here.