Reply #6: NAFTA? within 24 months, the issue & threat is the China trade imbalance [View All]

[kodi]

and will result in shocks to the american economy that will dwarf any dislocation from NAFTA. already we have a $500Billion yearly trade deficit with China and it is expected to be much higher by the time more trade agreements and tariffs expire in 2005. then the avalanche starts.

NAFTA is a mild stomache ache, China trade is a massive heart attack.

and i am not hearing too much about that from the 9 candidates.

AT ALL

as to NAFTA, repeal it, and replace it with something better.

but one must ask that when something like a trade accord is repealed, what replaces it?

i ask all the candidates who wish to repeal it, tell us what they will replace it with.

once this discussion gets started, we on the left had better come up with the goods, meaning that we should be able to provide clear alternative to the current system of trade that benefits americans.

the assumption in trade is that each side gains greater than had no trade occured, so the debate will have to focus upon what are the benefits to be gained by each side and what each sides loses.

the ones who successfully have their assumptions become the architecture for the narrative of what is most important have won the day.

you do this two ways, a shit-load of money, or overwhelming facts.

which side are we on?