PILOT SPIN

Spin Zone => Spin Zone => Topic started by: JeffDG on July 23, 2016, 02:36:16 PM

Title: After Brexit
Post by: JeffDG on July 23, 2016, 02:36:16 PM
Interesting piece in the WSJ about expanding NAFTA to include the UK.


(using LMGTFY not to prank people, but to bypass the WSJ paywall)
http://lmgtfy.com/?q=Why+Britain+Belongs+in+a+New+Nafta


Quote
The three North American nations have fostered economic integration while respecting one another’s national independence, in contrast with the EU’s model for “shared sovereignty.” A new agreement with Britain should move beyond Nafta to an agenda that facilitates economic vitality in the 21st century.
Title: Re: After Brexit
Post by: Kristin on July 23, 2016, 06:32:08 PM
I think NAFTA was a mistake, at least without funneling more help to displaced workers.  But it is too late to repeal it as it would be too disruptive and 20+ years in, we would probably just be shooting ourselves in the foot.  I think expanding NAFTA to include the UK would be a great way to make lemonade out of lemons.
Title: Re: After Brexit
Post by: Bob Noel on July 24, 2016, 04:10:42 AM
I think NAFTA was a mistake, at least without funneling more help to displaced workers.  But it is too late to repeal it as it would be too disruptive and 20+ years in, we would probably just be shooting ourselves in the foot.  I think expanding NAFTA to include the UK would be a great way to make lemonade out of lemons.

too late to repeal?

what kind of BS is that?

somehow NAFTA is permanent and can't be modified?  there is no way to transition away for it?

Title: Re: After Brexit
Post by: Gary on July 24, 2016, 04:48:56 AM
Interesting piece in the WSJ about expanding NAFTA to include the UK.


(using LMGTFY not to prank people, but to bypass the WSJ paywall)
http://lmgtfy.com/?q=Why+Britain+Belongs+in+a+New+Nafta

An idea definitely worth exploring further. 
Title: Re: After Brexit
Post by: Little Joe on July 24, 2016, 05:08:03 AM
An idea definitely worth exploring further.
And I'd rather have Trump explore/negotiate it than Hillary.
Title: Re: After Brexit
Post by: JeffDG on July 24, 2016, 08:48:16 AM
And I'd rather have Trump explore/negotiate it than Hillary.
Great, so we'd make a deal then threaten to not live up to it.
Title: Re: After Brexit
Post by: Kristin on July 24, 2016, 11:53:44 AM
too late to repeal?

what kind of BS is that?

somehow NAFTA is permanent and can't be modified?  there is no way to transition away for it?

It is not literally too late.  After all, if you have one bullet, it is never too late to shoot yourself in the foot.

The problem is that full repeal wouldn't restore the lost jobs and would cost new ones.  I wouldn't mind a modification that improved the working conditions of the Mexican workers, thus helping level the playing field with American workers, but that isn't the same as scrapping it.
Title: Re: After Brexit
Post by: Bob Noel on July 24, 2016, 01:51:43 PM
It is not literally too late.  After all, if you have one bullet, it is never too late to shoot yourself in the foot.

The problem is that full repeal wouldn't restore the lost jobs and would cost new ones.  I wouldn't mind a modification that improved the working conditions of the Mexican workers, thus helping level the playing field with American workers, but that isn't the same as scrapping it.

Think "transition"

Title: Re: After Brexit
Post by: JeffDG on July 24, 2016, 02:28:08 PM
Think "transition"
How about instead of expanding NAFTA, instead expand CUFTA  (https://en.wikipedia.org/wiki/Canada%E2%80%93United_States_Free_Trade_Agreement)and get rid of NAFTA, effectively swapping the UK for Mexico.
Title: Re: After Brexit
Post by: Kristin on July 24, 2016, 02:39:58 PM
Think "transition"

I would say think "tweak".  The flows of illegals from Mexico have slowed down dramatic and some of that is apparently due to there being more jobs in Mexico.

If we just cancelled it, what would keep the companies like Ford, Carrier, etc, from just moving those factories to China instead?  I would like to see the balance shifted in our direction, not China's.