Politics The Truth About NAFTA and American Jobs

Discussion in 'The Howard Stern Show' started by they're at it again, Jun 12, 2015.

  1. they're at it again

    they're at it again Well-Known Member Banned User

    Reputations:
    2,441
    Joined:
    Dec 21, 2014
    Messages:
    547
    Likes Received:
    773
    It's the complete opposite of what we've been told.
    1,037,900 Jobs Deficit: U.S. Created 16x as Many Jobs in Mexico as Mexico in U.S.
    By Terence P. Jeffrey | June 12, 2015 | 3:17 PM EDT
    [​IMG]
    (AP Photo)
    (CNSNews.com) - U.S.-majority-owned multinational enterprises employed 1,106,700 in Mexico in 2012 (the latest year on record), according to data released by the U.S. Bureau of Economic Analysis, but Mexican-majority owned enterprises employed only 68,800 in the United States that year.

    That means that U.S.-controlled multinationals employed 1,037,900 more people in Mexico than Mexican-controlled multinationals employed in the United States.

    Put another way, multinational enterprises that had a majority U.S. ownership employed 16 times as many people in Mexico as Mexican-controlled multinationals employed in the United States.

    Forty-nine percent of the jobs--546,500 of 1,106,700--that U.S.-controlled multinationals maintained in Mexico in 2012 were in manufacturing, according to the BEA. (See Table 5.2 in the August 2014 BEA report "Activities of U.S. Multinationl Enterprises in 2012.")

    Those 546,500 Mexican manufacturing workers employed by U.S.-controlled multinationals included at least 100,000 in transportation equipment manufacturing, 71,300 in food manufacturing, 53,700 in computer and electronic products manufacturing, 34,000 in machinery manufacturing, 32,200 in chemical manufacturing, 30,500 in electrical equipment, appliances and components manufacturing, 18,600 in primary and fabricated metals manufacturing.

    [​IMG]

    Of the 68,800 that Mexican-controlled multinationals employed in the United States in 2012, 56,200 were in manufacturing, according to the BEA.

    The 546,500 that U.S.-controlled multinationals employed in manufacturing in Mexico was almost 10 times as many as the 56,200 Mexican-controlled multinationals employed in manufacturing here.

    The overall number of workers that U.S.-majority-owned multinationals employ in Mexico has been increasing.

    The BEA has published the total number of all Mexico-based employment by U.S.-majority-owned multinationals (including banks) since 2009. In that year, U.S.-controlled multinationals employed about 969,000 in Mexico—or 137,700 fewer than the 1,106,700 they employed by 2012. (The BEA has not yet published numbers for 2013 and 2014.)

    By contrast, Mexican-controlled multinationals employed about 52,000 in the United States in 2009—or 16,800 fewer than the 68,800 they employed by 2012.

    In the four years from 2009 through 2012, U.S.-controlled multinationals hired 8 net additional employees in Mexico for each net additional employee that Mexican-controlled multinationals hired in the United States.

    In 1993, the U.S. Congress approved the North American Free Trade Agreement (NAFTA) using a fast-track procedure. The agreement, negotiated by the Clinton administration, was designed to remove tariffs between Mexico, the United States and Canada. Under fast-track, Congress was allowed to approve the deal by a simple majority vote in both houses and neither house was allowed to consider amendments to the deal. NAFTA took effect at the beginning of 1994.

    [​IMG]

    In the four years leading up to and including 1994, according to data published by the Census Bureau, the U.S. ran a surplus in its bilateral trade in goods with Mexico. But in each of the 20 years since then (1995-2014), according to the Census Bureau, the U.S. has run a trade deficit with Mexico.

    The overall volume of bilateral U.S.-Mexican trade in goods has increased massively during that time period, but the balance of trade has shifted dramatically in Mexico’s favor.

    In 1993, the year before NAFTA took effect, the U.S. exported $41,580,800,000 in goods to Mexico and imported $39,917,500,000. Thus, the U.S. ran a 1993 trade surplus of $1,663,300,000 with Mexico.

    [​IMG]

    Similarly, in 1994, the first year of NAFTA, the U.S. exported $50,843,500,000 in goods to Mexico and imported $49,493,700,000—running a surplus of $1,349,800,000.

    In 1995, the U.S. trade in goods with Mexico slipped into the red. The U.S. exported $46,292,100,000 to Mexico and imported $62,100,400,000—for a deficit of -$15,808,300,000.

    In 2014, the U.S. exported $240,248,700,000 in goods to Mexico, but imported $294,074,100,000—running a trade deficit of $53,825,400,000.

    That deficit was almost 40 times larger than the last trade surplus the U.S. ran with Mexico in 1994.



    [​IMG]
    Follow
    Terence P. Jeffrey
     
    jackieavenger likes this.
  2. jaw_belize

    jaw_belize Well-Known Member VIP

    Reputations:
    5,032
    Joined:
    Sep 19, 2010
    Messages:
    42,041
    Likes Received:
    1,131
    Huh
     
    Captain and scoobyla like this.
  3. SouthernListen

    SouthernListen I don't follow the crowd. Sorry about that. VIP

    Reputations:
    240,367
    Joined:
    Jan 16, 2012
    Messages:
    38,707
    Likes Received:
    39,434
    CrucifiedAGT and shitba like this.
  4. shitba

    shitba Shot Dead VIP

    Reputations:
    12,300
    Joined:
    Dec 13, 2011
    Messages:
    1,651
    Likes Received:
    2,351
    .....
     
    Last edited: Apr 3, 2016
    scoobyla and Psyche like this.
  5. Uncle Larry

    Uncle Larry Well-Known Member VIP

    Reputations:
    53,900
    Joined:
    Dec 21, 2011
    Messages:
    4,447
    Likes Received:
    7,683
  6. Murcielago

    Murcielago Smoke me a kipper, I'll be back for breakfast

    Reputations:
    112,092
    Joined:
    Dec 13, 2011
    Messages:
    10,300
    Likes Received:
    14,819
    Those import numbers are a bit skewed since cars made by American companies in Mexico and brought here are technically considered "imports".

    Though of course those auto manufacturing jobs that went to Mexico are a concern.
     
    stanggirl likes this.
  7. Beth143nacho

    Beth143nacho Well-Known Member VIP

    Reputations:
    64,696
    Joined:
    Jan 15, 2012
    Messages:
    19,874
    Likes Received:
    16,666
    Once nafta launched, there was a huge construction boom in Mexico. American companies moved there in droves. Never underestimate a corporations will power to start new operations where there's money to be made.

    I'm as conservative as they come, but these numbers seem to be ignoring key facts.

    I applaude the effort to bring focus on trade since I have NO fucking clue as to what those assholes tried to pass in this super secret trade bill... Their Chinese masters must be calling in favors... That failed plot HAD to have cost some gop members their jobs.
     
  8. Captain

    Captain Alto, Blanco y Guapo Gold

    Reputations:
    139,994
    Joined:
    Jun 25, 2013
    Messages:
    6,330
    Likes Received:
    11,912
    You know, it occurs to me that so much time has been spent blaming black people for the decline of Western Civilization that we've simply handed out a blank check to the peoples of Mexico and Asia. It' time to bring a little equal opportunity to the Old Blame Game.:grad: I for one would like to start by complaining that the Mexican government really needs to bring its A game to the table and retrieve all the Mexican nationals who have the nerve to sit tight after they have picked the celery, strawberries and walnuts in the Central Valley for $2.00 an hour. It's just plain unsightly and makes California look like a modern-day plantation, and I for one won't stand for it no more!
     
  9. Droog

    Droog Well-Known Member VIP

    Reputations:
    134,824
    Joined:
    Jan 15, 2012
    Messages:
    15,084
    Likes Received:
    19,194
    And when the jobs aren't going outside our borders, they're bringing foreigners here for Americans to train so they can take their jobs. Gotta love those 1%ers and their bottom line being more important than anything. 250 IT workers laid off to make way for H1B replacements.

    http://mobile.nytimes.com/2015/06/0...rain-foreign-replacements.html?referrer=&_r=0

    ORLANDO, Fla. — The employees who kept the data systems humming in the vast Walt Disneyfantasy fief did not suspect trouble when they were suddenly summoned to meetings with their boss.

    While families rode the Seven Dwarfs Mine Train and searched for Nemo on clamobiles in the theme parks, these workers monitored computers in industrial buildings nearby, making sure millions of Walt Disney Worldticket sales, store purchases and hotel reservations went through without a hitch. Some were performing so well that they thought they had been called in for bonuses.

    Instead, about 250 Disney employees were told in late October that they would be laid off. Many of their jobs were transferred to immigrants on temporary visas for highly skilled technical workers, who were brought in by an outsourcing firm based in India. Over the next three months, some Disney employees were required to train their replacements to do the jobs they had lost.

    “I just couldn’t believe they could fly people in to sit at our desks and take over our jobs exactly,” said one former worker, an American in his 40s who remains unemployed since his last day at Disney on Jan. 30. “It was so humiliating to train somebody else to take over your job. I still can’t grasp it.”

    Disney executives said that the layoffs were part of a reorganization, and that the company opened more positions than it eliminated.

    But the layoffs at Disney and at other companies, including the Southern California Edison power utility, are raising new questions about how businesses and outsourcing companies are using the temporary visas, known as H-1B, to place immigrants in technology jobs in the United States. These visas are at the center of a fierce debate in Congress over whether they complement American workers or displace them.
     
  10. Droog

    Droog Well-Known Member VIP

    Reputations:
    134,824
    Joined:
    Jan 15, 2012
    Messages:
    15,084
    Likes Received:
    19,194
    And to think I was laughed at for voting for this guy. Guess he wasn't such a joke after all. When a corporate billionaire tells you that jobs will be lost, you listen.

    [​IMG]
     
  11. Shortwave98

    Shortwave98 A-Number 1 Banned User

    Reputations:
    178,992
    Joined:
    Nov 9, 2013
    Messages:
    31,231
    Likes Received:
    31,971
    I voted for Perot too.
     
  12. Bentknee

    Bentknee Well-Known Member

    Reputations:
    8,729
    Joined:
    Feb 8, 2012
    Messages:
    1,257
    Likes Received:
    2,121
    you have to look at like this, every job created in Mexico means one less Mexican coming to America looking for work
     
    DTF296 likes this.
  13. Evil Clown

    Evil Clown 34 VIP

    Reputations:
    6,983
    Joined:
    Apr 16, 2013
    Messages:
    856
    Likes Received:
    1,608
    NAFTA should have just been the US and Canada. Two first world countries with similar standards of living. Having a third world shithole like Mexico join the agreement was trouble waiting to happen. Same thing with the complete fucking disaster that is the European Union.
     
  14. Humongous

    Humongous Well-Known Member

    Reputations:
    26,246
    Joined:
    Dec 14, 2011
    Messages:
    1,894
    Likes Received:
    2,970
    Yup! He was right about that "giant sucking sound heading south" to Mexico.
     
  15. Bosch76

    Bosch76 2016 Politics POTY Gold

    Reputations:
    27,530
    Joined:
    Sep 18, 2012
    Messages:
    15,397
    Likes Received:
    45,287
    If you are pro capitalism, shouldn't you be for a world wide equal market?

    Or does capitalism only work in limited controlled markets?
     
  16. Getthepoisonout

    Getthepoisonout I regret my username

    Reputations:
    52,421
    Joined:
    Jun 14, 2012
    Messages:
    2,773
    Likes Received:
    6,079
    Do you have similar data for canada......also part of nafta.
     
  17. Stew Nod

    Stew Nod Hello VIP

    Reputations:
    313,789
    Joined:
    Feb 9, 2012
    Messages:
    55,651
    Likes Received:
    41,351
    [​IMG]
     
    Honkey Donkey likes this.
  18. Droog

    Droog Well-Known Member VIP

    Reputations:
    134,824
    Joined:
    Jan 15, 2012
    Messages:
    15,084
    Likes Received:
    19,194
    Made me mad how he was laughed at. The establishment wasn't about to let him get elected. He was also going to raise taxes on the wealthy, cut military spending, and there would have been pain felt across the board. That $4 trillion debt would be a distant memory today had his economic plan been put into place. We wouldn't be underfunding things like our infrastructure today and we could afford tax cuts.
     
    Honkey Donkey likes this.
  19. Droog

    Droog Well-Known Member VIP

    Reputations:
    134,824
    Joined:
    Jan 15, 2012
    Messages:
    15,084
    Likes Received:
    19,194
    Great. Now Americans are going to be leaving for Mexico to get work.
     
  20. Shortwave98

    Shortwave98 A-Number 1 Banned User

    Reputations:
    178,992
    Joined:
    Nov 9, 2013
    Messages:
    31,231
    Likes Received:
    31,971
    He was ganged up on by both Clinton and Bush.