NAFTA probably deserves to die outright. It is a crony arrangement and is a great example of how what is often called “free trade” is actually managed trade. Managed for vested interests that is.
Murray Rothbard opposed NAFTA and showed that what the Orwellians were calling a “free trade” agreement was in reality a means to cartelize and increase government control over the economy.
This is one of the reasons I think no reasonable person can just flat out hate Trump. Jeb Bush never would have talked about this. No one said anything about this before.
Yes he’s got issues. He is a mixed bag. But sometimes he is on the money. Like here.
Don’t worry. It’s for a good cause.
Baltimore has run enough businesses out of town over the last 50 years. I guess the mayor figured SOME jobs should be left in the place.
Consider the politics of such a veto. Obviously in a Democrat dominated (only) city like Baltimore the way to keep the voters happy (in the short term) is to raise the wage. Everyone would have declared how it was a victory for workers etc. And yet it seems that the good mayor was mugged by economic reality.
Every budget has winners and losers. (Hey at least we have a budget.) But the losers for too long have been the American taxpayers. This must change. There is perhaps some – some – hope here. Though that $54 billion for the Pentagon should be given back to the American people.
Guess what? Your tax dollars subsidize many (probably most) large companies. The big boys can manipulate the political process to pad their bottom lines. That is our current crony system.
Of course not. Why slow innovation and the gains we will see as a society from this innovation? Yes some jobs will go away. But new ones will emerge. Likely in ways we can’t even conceptualize today.
Also a key point in this discussion is that we should fight new taxes always and everywhere. The government gets enough private money. Let’s not give it any more excuses to take the wealth of the people.
Before the Olympics
Brazil has been having a tough go over the last few years. A country that was once riding high and peering just barely into the 1st World neighborhood has now stumbled back behind the southern fence. The years and years of corruption under leftist governments (recently) have taken their toll as has the general slowdown in China which is a vital trading partner.
The downturn has left nearly 13 million people unemployed,
Welcome to The Ultimate Crony Capitalist State. China is big government and big business fused together. It’s good to be a crony in China. On the outside however it’s a bit more challenging.