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Canada and Mexico ready to renegotiate NAFTA

#20

Quote:But that's like redistribution of wealth.   You pay more for things so other people can have jobs.   It's like paying a tax and giving the money to someone other than yourself. 
 

You're exactly right.   It is a redistribution of wealth, but the money redistributed stays within the US.  The worker has a job, so is no longer collecting unemployment, a portion of which, I was already paying for in tax dollars.  The government taxes me less, therefore my disposable income rises.  Now, the worker has also disposable income, which he or she will can use to buy other goods and services, once again redistributing the wealth. 

 

The underlying problem with our economy is that the wealth is flowing out of the country, primarily to China.  The low-priced goods we import come with a huge indirect tax, the loss of manufacturing jobs in the US. 

When you get into the endzone, act like you've been there before.
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Canada and Mexico ready to renegotiate NAFTA - by Sneakers - 11-12-2016, 10:33 AM



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