If Pelosi wanted to do something worthwhile.. - Graybeard Outdoors
 
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post #1 of 7 (permalink) Old 11-30-2019, 12:22 PM Thread Starter
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Default If Pelosi wanted to do something worthwhile..

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If Pelosi wants to be useful, she could pass the USMCA bill. making it functional, and thus booming our economy even more.

https://www.csis.org/analysis/unpack...-approval-2019

That bill is a win..win...win, for all three..it just has to be ratified..but Nancy is too busy trying to impeach on dubious grounds.

Perhaps not dubious, so much as non-existent. Certainly our fellow Americans want it ratified, they know how it will help our economy. !

https://passusmca.org/new-poll-major...to-pass-usmca/





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If everyone is thinking alike, then somebody isn't thinking.. (Gen George S. Patton)

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post #2 of 7 (permalink) Old 11-30-2019, 03:54 PM
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Why not pass it, it is almost the same as NAFTA - very minor differences. It will not really help or hurt the economy. If you disagree, please point out the significant differences - be specific. I don't consider an increase from 62.5% USA, Mexcio, Canada content to be duty free to 75% content to be significant.

From "Global Edge" blog: "Overall, the shift from NAFTA to USCMA should not impact the three countries dramatically. Only certain industries will be affected, and only by a small amount. "
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post #3 of 7 (permalink) Old 11-30-2019, 07:02 PM Thread Starter
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Why not pass it, it is almost the same as NAFTA - very minor differences. It will not really help or hurt the economy. If you disagree, please point out the significant differences - be specific. I don't consider an increase from 62.5% USA, Mexcio, Canada content to be duty free to 75% content to be significant.

From "Global Edge" blog: "Overall, the shift from NAFTA to USCMA should not impact the three countries dramatically. Only certain industries will be affected, and only by a small amount. "
First off..the USMCA will encourage trade between the Americas, as a first consideration, and it will address inequities between North and central America.

https://www.livingstonintl.com/nafta/ It will bring fairness to the automotive sector.. see an excerpt from the above link;

Automotive Rules of Origin and Regional Value Content
Total North American content of a vehicle must equal 75% (up from 62.5%).
70% of all steel, aluminum, and glass used in the production of the automobile must originate in North America.
Part content will be divided up into core, principal, and complementary parts with content requirements of 75%, 65%, and 60% respectively.
40% of an automobile and 45% of a light truck must be produced using an average labor wage of $16/hour.
Quotas totalling 2.6 million Canadian and Mexican vehicles (well above the current 1.8 million) were established the USMCA
Quotas of $32.4 billion in Canadian auto parts imports and $108 billion in Mexican auto parts imports were established in the USMC"


...Good news for farmers;

https://www.desmoinesregister.com/st...ry/2100980001/


Check it out: https://ustr.gov/trade-agreements/fr...ts/modernizing

The US trade representative sees some of the benefits as below..

Agreement highlights include:
•Creating a more level playing field for American workers, including improved rules of origin for automobiles, trucks, other products, and disciplines on currency manipulation.
•Benefiting American farmers, ranchers, and agribusinesses by modernizing and strengthening food and agriculture trade in North America.
•Supporting a 21st Century economy through new protections for U.S. intellectual property, and ensuring opportunities for trade in U.S. services.
•New chapters covering Digital Trade, Anticorruption, and Good Regulatory Practices, as well as a chapter devoted to ensuring that Small and Medium Sized Enterprises benefit from the Agreement.

If everyone is thinking alike, then somebody isn't thinking.. (Gen George S. Patton)

Last edited by ironglow; 11-30-2019 at 07:20 PM.
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post #4 of 7 (permalink) Old 11-30-2019, 11:58 PM
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Originally Posted by NWBear View Post
Why not pass it, it is almost the same as NAFTA - very minor differences. It will not really help or hurt the economy. If you disagree, please point out the significant differences - be specific. I don't consider an increase from 62.5% USA, Mexcio, Canada content to be duty free to 75% content to be significant.

From "Global Edge" blog: "Overall, the shift from NAFTA to USCMA should not impact the three countries dramatically. Only certain industries will be affected, and only by a small amount. "
For one thing, it has what almost all laws should have: a sunset clause. It expires in 16 years, whereas nafta is permanent and does not require replacement as North American business conditions change. NAFTA is obsolete, and needs to be replaced due to changed conditions.

Most of the tweaks, and there are dozens of them, are about adjusting for changed conditions.

One of the most significant changes in consideration of changed conditions is how intellectual property rights are defined and enforced.
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post #5 of 7 (permalink) Old 12-01-2019, 12:26 PM
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There is that "worthwhile" word in there and that's the kicker. Pelosi and company is only interested in tearing down the country in an attempt to get enough votes to get control of the government. If she manages to things are really going to get bad and it won't take long to happen. Democrats are only about being in control and to **** with the state of our country.
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post #6 of 7 (permalink) Old 12-01-2019, 01:55 PM Thread Starter
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There is that "worthwhile" word in there and that's the kicker. Pelosi and company is only interested in tearing down the country in an attempt to get enough votes to get control of the government. If she manages to things are really going to get bad and it won't take long to happen. Democrats are only about being in control and to **** with the state of our country.
Right you are O&S !! Our president is at the present over in Europe , trying to do our country's business. Historically, the three branches of government kept a low profile when our president is doing the nation's business with foreign powers. Certainly not doing things to paint the president in a negative light !

..But here again, the demon-rats are holding impeachment hearings against our president, while he is trying to do serious business in Europe.

I am looking forward to the 2020 elections..their hatred will turn upon them !

"For they have sown the wind, and they shall reap the whirlwind:"(Hosea 8:7a)

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If everyone is thinking alike, then somebody isn't thinking.. (Gen George S. Patton)

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post #7 of 7 (permalink) Old 12-01-2019, 02:03 PM
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I like the sunset clause.

"40% of an automobile and 45% of a light truck must be produced using an average labor wage of $16/hour."
That must be music to the UAW workers who are used to more like $40-50 hr wage. (from the article 45% of an automobile’s content must be produced using laborers earning a minimum of $16/hour) Since it is AVERAGE, does that mean Mexico can pay $5 hr off set by the $40 hr??? Also the 45% is probably from the US so it will be far above $16 hr.

"Quotas totalling 2.6 million Canadian and Mexican vehicles (well above the current 1.8 million) were established the USMCA
Quotas of $32.4 billion in Canadian auto parts imports and $108 billion in Mexican auto parts imports were established in the USMC"
Theses sound great for Canada and Mexico, increases in how much we have to buy from them.

I guess this is significant...
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