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zab

04/05/23 8:38 AM

#441406 RE: B402 #441404

So, unless you have a perfect trade agreement that encompasses everyone's collective right in the entire world, you have a problem. You live in West Virginia; your state has so many problems:

https://www.usnews.com/news/health-news/articles/2021-09-01/west-virginia-almost-heaven-but-not-for-mental-health

https://www.usnews.com/news/best-states/west-virginia

West Virginia ranks need the bottom in almost everything.

Look at how far China has come in just the last 30 years, is it perfect, no, now what has the resident of West Virginia done in the past 30 years.

Moving civilization forward is never an easy task, but you have to start somewhere and improve on it. West Virgina and it's residents cannot have done jack shit !
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blackhawks

04/05/23 10:34 AM

#441409 RE: B402 #441404

No, not even via your simplistic formula is it always clear who 'owns' a bill, PARTICULARLY with Reagan and Bush's genesis and incubation of NAFTA respectively, together with more GOP than Dem votes in both chambers for NAFTA.

IF Reagan had proposed the ACA, with the public option that Obama wanted, and Dubya had picked it up and ran with it over his 8 years, and GOP votes matched their NAFTA votes, and Obama signed it in '09, giving up the public option, really think the GOP would be trying to overturn it as late as 2017?

Simple really, even more so, Presidents and their party own their bills, right?

Obama = ACA
Clinton = NAFTA

It was a weird vote, more repubs than dems.....Wont see a mixed up vote like that again
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fuagf

04/05/23 3:40 PM

#441415 RE: B402 #441404

UPDATED: B402 You did not post all the facts. Your "LMAO" is rated as being at your own expense. You got Reagan's initiative and Clinton's signing right. That's about it. You did not mention HW Bush's NAFTA draft involvement. You gave a ham sandwich without the ham. It was a crucial omission of yours which blackhawks included. Also in describing the NAFTA vote you simply said it was a weird one which left any reader unaware of the vote wondering what the hell you meant. blackhawks offered the apparent fact that more Republicans in both the House and the Senate voted for NAFTA, yet just because Clinton signed the final draft (with little if any input, one year into his presidency) you put it all on Democrats. Why? Because you felt NAFTA was a negative. That of course is only your opinion, one which is at odds with a preponderance of experts too.

Any pundit worth his salt would rate blackhawks' post ..
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=171622009 .. on it as far superior to yours.

UPDATE: Add to that another little fact you conveniently ignore:

Thanks, SoxFan, Who Calls the Shots in the Global Economy?

"[...]However long before NAFTA companies were trying to copy Japanese auto manufacturers and their Just-in-time processes."

Have said before your historical insights particularly are enlightening, and much appreciated. Your earlier

"it wasn't the politicians who lost China it was capitalism as the major culprit. In the late 80's the largest chain store Walmart followed by Target basically forced suppliers to open factories overseas to lower costs. A side benefit was the companies actually got tax breaks doing so. One Harvard case study was about Rubbermaid in which Walmart said to them open a factory in China or we will stop buying from you. The CEO looked at all his employees who would be laid off and said no. The following year..." https://investorshub.advfn.com/boards/read_msg.aspx?message_id=166865015

most interesting and something i hadn't been as clearly aware of before. It led to this article

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=166884120
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fuagf

04/05/23 5:40 PM

#441444 RE: B402 #441404

B402, You got Reagan and Clinton right. You did not include the fact that Reagan made NAFTA the focus of his campaign. You did not include importance of the fact that your "the people" voted Reagan in. You did not include HW Bush's involvement with the first, i guess, signed draft. And i have never seen you focus on capitalism as one chief culprit in the loss of American manufacturing jobs.

You accuse us of narrow political focus in our chats. How about you. Surely this content contribution, which you neither brought up (Soxfan did that) nor posted (as i did), is of much wider systemic focus than anything you have ever contributed here on the loss of manufacturing jobs in America.

Just stating what i see as fact, is all. No character assassination ever meant in the slightest. If you don't agree i, we, need more than your opinion. This to get more of it out in the open again:

Thanks, SoxFan, Who Calls the Shots in the Global Economy?

[...]

At first blush, this seems a stark assertion. It comes as a shock because this isn't the way most of us think the global economy works. We don't imagine that retail chains are deciding whether goods should be produced in the U.S., China, Mexico or Bangladesh.

This is because global economics is a bit like geology: Massive subterranean shifts take place below the surface, and we discover them only when our world is shaken. So we notice U.S. jobs migrating overseas as we see factory lights go out from Ohio to the Carolinas to California. We're generally aware of job losses since the early 1980s to waves of imports from Japan and the Asian tigers that hit one industry after another -- steel, autos, electronics, textile, apparel and toys.

So when it comes to cause and effect, we attribute our woes primarily to the export boom in China -- and before that, in Japan, Korea, Hong Kong and Taiwan. But scholars now explain that since Japanese cars and electronics swept into America in the late 1970s and '80s, most of our job and industry losses didn't happen primarily because of Asia's aggressive export policies.

Instead, the experts tell us, these are self-inflicted wounds. American companies played a central role in the rise of China and the Asian Tigers. The seismic shifts in the global economy, they say, have been largely driven by American companies -- not just by multi-national manufacturers like GE or Hewlett Packard moving production overseas, but by giant American retailers like Wal-Mart, Target, Kmart, Toys "R" Us and Home Depot, and brands like Nike or Liz Claiborne galvanizing Asians to export to the U.S.

The Americans, they say, have gone well beyond merely hunting for bargains already being produced in Asia. In fact, both academics and business executives report, American retailers have actively driven outsourcing -- teaching East Asians how to design and manufacture products for American consumers, creating their own house brands in league with Chinese and Asian producers, and then bluntly warning beleaguered U.S. manufacturers that they'd better move their American plants to China and Asia if they want to survive.

Years of extensive interviews with Asian and American manufacturers, as well as study of trade flows, have persuaded Professor Gary Hamilton of the University of Washington, that the big box retailers, epitomized by Wal-Mart, have been "driving a massive restructuring of production worldwide; moving jobs from the U.S. and Europe to Asia. They do it by setting price points and forcing suppliers to meet their targets. Only lowest-cost labor can meet their targets, and that means producing in Asia."

Case in point: Bill Nichol, CEO of Kentucky Derby Hosiery, a sock manufacturer that has supplied Wal-Mart for 40 years. He credits Wal-Mart with forcing his company to be more disciplined and efficient, but he adds: "Their message to us, surprisingly, is, 'There's a broad market out there. If you want to focus on the lowest-cost part of the market, it's obvious that you can't do that in the United States'." So half of Nichol's 1,500 U.S. employees will soon be out of work and he'll have to open plants in China and other low-cost countries to hang onto his Wal-Mart account.

We heard that story again and again from American manufacturers in sectors as diverse as electronics, apparel, bicycles, furniture, and textiles. They expressed private dismay at the relentless pressure from the likes of Wal-Mart and Target to cut costs to the bone in America and then, when that did not satisfy the mass retailers, more pressure to move production to China or elsewhere offshore. But most did not dare to go on camera and tell their story publicly for fear of jeopardizing their remaining sales to Wal-Mart.

Wal-Mart -- Changing the Economic Balance of Power

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=166884120