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goldielocks @ 20:35

Posted by Mr.Copper @ 21:30 on December 1, 2016  

Hi goldilocks. I’m not sure what you are implying. The only points I can make, for one your “$11/hr in Mexico versus our $30/hr.” I believe $1 buys 20 Pesos. So $11/hr gives Mexicans 220 Peso/hr. I don’t know haw many Pesos per week a Mexican needs to live.

Re for your…”Well have to be careful with nafta because Agriculture is also exported there duty free.” That there is bad for Mexico’s farmers. They’d probably like to ban imported farmed goods, same as we should ban imports of things we can make ourselves. If you can cook and feed yourself, why go to a diner or restaurant every night and waste money?

re your “We need to be more competitive ” amongst ourselves” You must be very young. When I left high school, (1962) and got my first job, I needed a calculator. It cost me a weeks pay. Also needed a Vernier dial caliper, also cost me one weeks pay. (to a fellow American) Married in ’65, two kids by ’67, wife not working, no medical insurance needed.

We paid each other highly. Everything was “home made” in the USA and we all lived better. I had a new ’63 Pontiac LeMans $2589, on a three year loan. Later on, the calipers and calculators came from Japan, just as good, for one DAYS pay. We were happy, but found out later on, imports are like rat poison. They eat it and die later. In our case it was a very slow insidious death for millions of Americans.

My view is all countries like all Indian Tribes, would be better off if they produced all their own needs. Only trade for or import what they can’t get or make themselves. And over ride all these “promiscuous” cross border arbitrage middle men business activities.

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.