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Originally Posted by 1989 How and when? |
I am sure you would agree that Big business took there business over seas where you don't have to pay taxes, Union wages and for pensions! These presidents starting with Reagan and the Auto Industry competing with Japanese made cars. Clinton signed and unprecedented bill by a Democrats,NAFTA,to try and keep some business here at least on this Continent especially the Automobile Companies. That apparently had little effect keeping them here since cheaper labor was found on cheaper soil. Cheaper than Mexico. Many of our Manufacturing Jobs left over the last two decades beginning with Reagan and hopefully ending with Bush!
We could no longer compete Globally only with Automation which further ended many Union jobs!
Reagan or Bush did nothing about it because Big Business continues and continued to search for Bigger and Bigger profits.....Remember Nike and Air Jordans? Made with child labor and coming with no price reduction to the consumer or taxes!
Most of this mainly occured under the blind eye of Republicans!
Bush and Reagan could have stopped this from happening if they wanted to by collecting higher import taxes and inforcing NAFTA by keeping the illegals employed in mexico and thus not needing to sneak in to work! Therefore we compete with Indonesia and bangledesh far far away!
If your company moves to a different continent, Obama will make sure you will have no escape from paying fair taxes on US soil as he outlined in his proposal! John McCain will do nothing but lower these taxes! Tax payers get very confused when they hear a President claiming they will lower taxes and not raise them!
Nafta wasn't good enough for the greedy Republicans