We discussed NAFTA and how it effects the US and Mexico. Canada is also part of NAFTA and it has effects on that country as well. Maybe its because the people of Canada are closer to what the people of the US are financially.
Being able to produce goods or provide services more cost effectively than it can be done in our own country is quite the big business dream.
The basis is each country has it strong side. Mexico produces foods and crops at low cost allowing the US food distributors to purchase the cheaper Mexican crops than what can be grown in the US. This is good for me the consumer, but it is bad for the workers who life is dependent on the growing and selling the product in teh US. Purchasing from Mexico reduces the need of the product from a US grower, which because of this may be required to let people go. Over time the whole business could disappear due to the lack of requirement.
NAFTA is good and bad, trying to find a medium would be a huge undertaking. Politics would come into the equation. Big business is in business to make money, they would not want to loose the profits they currently are receiving by decreasing the cheaper goods they purchase from Mexico. Even if ths means saving jobs in the US. I completly understand both sides of the coin. We want to acquire our goods for the best price but yet we want to keep as many jobs in the US as possible.
I am not sure how an overhaul would be implemented, but it is long over due.
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