USMCA vs NAFTA, explained with a toy car
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- Опубликовано: 28 июн 2024
- NAFTA made your car cheaper, USMCA could change that.
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When the North American Free Trade Agreement began in 1994, auto companies in the US, Canada and Mexico could trade parts and cars without paying tariffs. And they could source parts and labor from the cheapest places. That is a big reason why US car prices have only risen seven percent in 25 years.
But the US Mexico Canada Agreement -- or USMCA for short -- could change that; the new law would increase the regulations that car manufacturers need to meet in order to sell tariff-free cars.
We built a Ford Mustang to explain.
Read more about what’s in the proposed USMCA trade deal: www.vox.com/2018/10/1/1792196...
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Renegotiating NAFTA is the latest in the Trump administration's escalating rhetoric and action around international trade.
Watch our video on trade wars, which outlines what's at stake: bit.ly/2qjliwj
The kicker is, thanks to CPTPP (both Canada & Mexico are members), neither Canada nor Mexico will actually suffer all that much because it'll reduce prices on Japanese cars, and with CETA in play, Canada will also see lower prices on European cars. That'll have a knock-on effect on US automakers and the US economy. Killing NAFTA is a very bad idea.
1:53 is that a typo? $1200 less?
@Vineet0k It's a dash, designating a range of values.
Cars costing more would be a good thing. We need less cars on the road to combat global warming and rally support for public transportation. I hope it hits the high end of price increase
Cars should be made with less amenities and features so consumers can repair them easier and last longer. That would reduce prices if thats what you want. But we really dont want more cars on the road
If Obama, Trump and Sanders say the same thing, I don't know what to believe in anymore.
It's funny because once Obama was elected he changed his position
@Luís Filipe Andrade because it required any parts being made in the us so now the new deal is worst
@Luís Filipe Andrade it's not better will just have to pay more for more this benefit their labor standards would just be higher
@Luís Filipe Andrade US Labor standard aren't that much different from Mexico and Canada. We are in dealing with China or Taiwan here. We just have to pay more for goods
Your bubble has popped that Trump actually makes sense?
Never thought Id see Vox defend the automotive industry so passionately.
Lol ya its bizzare
Yeah right i would rather have expensive cats and cheap food and energy.
Things not mentioned
Mexican farmers / food production
Isds
Environmental standards
Increasing business power
Doubtz
-Industrial and intellectual properties
-International Controversies
-Regulations
-Compensatory fees
Doubtz or even if people are better off due to NAFTA. GDP may have grown and prices may have decreased but is this a good indicator of the financial well-being the citizens involved? This neoliberal idea of increases in GDP and the stock market mean people are better off is showing to not be true.
Environmental standards has nothing to do with car
Exactly! Empire of the United States.
@@eavyeavy2864 are you the not smart?
3:18 "US is producing more cars now than before NAFTA, same for Mexico and Canada"
The graph you showed says the levels basically stayed the same though...
Lol
Increase is a increase whether small or large.
EXACTLY
Canada's actually went down
@@KodeKween Yes, but you got to wonder if the increase is based on a trade deal, or the natural increase of demand based on a growing population.
This makes it sound like NAFTA was *only* about Cars and nothing else.
To be fair, the video title is put as "explained with a toy car".
I think the video did say that the cost of other goods went up around 86% since NAFTA signing
NAFTA means diesel in my language lol
@Michael Jordan The video didn't say that there was any relation between the two, as you are implying.
Not a single mention of the corn industry, maquilladoras, and the immigration and economic crisis NAFTA created in Mexico when we supported the exploration of labor and changed all of their markets that help them self-sustain to meet the demands of the US consumer, leaving Mexico on the back-burner, and forcing them to become reliant on us after their natural industries died off. Nice to see Vox is still the neo-cons they always have been
You didn't explain NAFTA, you explained the automobile manufacturing industry in regards to NAFTA.. Fix the misleading title
automobiles were the example but it explained the deal before using the Ford Mustang as an example
Soul Glow NAFTA is a lot bigger then just cars, this video only took a small dap at NAFTA.
@@xrellikgr did you read my comment? did you miss the word EXAMPLE?
Well said.
@@jusletursoulglobaby the deal that still misled the viewers by that example.. Like the gentleman says, it's bigger than auto business... Why cherry picked?
So a luxury item cost remains stable while necessities go through the roof. Great
Makes no sense
@@Dwarfplayer ah yes, neoliberalism is when tariffs increase
@@Dwarfplayer neoliberalism would mean less tariffs
Cars are neither luxury nor necessity in most cases yes if bmw or labos are taken into consideration then it's. A different story
The real question is why is inflation gone up almost 100% in 25 years
EXACTLY!!!!!!! Everything has gone up but our wages!!!!!
thats a really good rate of inflation, in economics you aim at having 3-4% of inflation at all times. 25x3.8 should make sense. The reason why you want inflation is to increase output of the economy, to try and break down my whole semester of macro economy of why inflation is good let me explain. Inflation essentially means that workers are producing more and more each year, if 1 worker produces more than 1 unit the difference is inflation. Your employer will probably give you raises as productive you are so 2-4% increase should be guaranteed. if the inflation were to be kept at 0% you employer would have to cut your pay by 2% to maintain their margin and cutting wages has more of a psychological toll on workers than raises so they might become less productive or be afraid of the future of the economy.
On the consumer side lower inflation is great but on the producer side it isnt and since the producing side determines wages and outflows it would essentially be detrimental. Technically in a perfect system there still can be growth at 0 inflation but society is not remotely perfect so inflation is the phenomenon we have to deal with.
Deflation is just as bad as Stagflation
@@cdr861532 Wages are relative to the market you work in. If you ask any engineer working in tech or Finance major working in banking or a Doctor they would completely disagree with you! The market allocates money to where it deems it the worthiest.
@@moderndilettante6896 markets general dictate wages, but that's true only without outside control. What we're seeing frequently is business sticking together to set wages low. It's the same idea as markets dictating rent prices, that's true, except for the landlords sticking together to set prices high. When businesses don't compete, the markets are no longer dictating the price... that's why rent in NYC and LA are so high. Instead of competing, they've banded together. Greed is prevalent now more than ever. The rich are paying to set laws that benefit the rich. Of course doctors and engineers aren't hurting, but those are specialized jobs, we are talking about everyone else. That's kind of like a surgeon who has killed many patients saying "but look at all these other incredibly healthy patients".
*_Inflation is a choice_*
Can we talk about how Mexico has gotten the least benefits from NAFTA, especially in the Agricultural Sector?
What can Mexico farm? Their land is either hot dry desert or dense rainforest
@@AdamSmith-gs2dv Wrong!
@@AdamSmith-gs2dv what?
Are you serious? That's the most hilariously uninformed comment I've seen in a while.
@@arturogonzalez-barrios8206 It's on up there for sure but claiming South American immigrants are bringing an officially eradicated disease with them (smallpox) beats the hell out of it for "uninformed" LOL
Why are Americans so fixated on trying to save or bring back manufacturing jobs? Machines are going to completely replace manual labour in the next few decades... it's a lost cause
Ya. I hear ya. Automation has been and will continue to push people out. Retraining people would be a better option in the long run
@@St3v3NWL only if you aren't prepared for the changes
@@St3v3NWL it is already happening. And it has happened many times in the history of humanity. Economies change and put people who were unwilling to change with it out of work. The answer isn't holding onto a changing economy, it is preparing people for the new one
We all aren't like that. Some of us know how much automation and robotics are already changing the world everyday
Because some Americans have problems accepting change whether it be in the economy, demographics, values, etc... Those are the people pushing back against what they view as the correct way for things to be and that's how we end up with people like Trump in office.
NAFTA covers more than just the automotive industry. Look into Mexico’s small farmers and their struggle to stay afloat
Tbh, the system being set in place world wide is to break small farmerd and keep only those that produce huge amount. World wide a small farm is not a good investment because of labor intensity and cost of products you put into keeping your farm producing. The system has made it difficult and expensive for small producers.
@@reishlion4394 Govt farms to control the population.
Attention Vox: NAFTA destroyed my county in Kentucky as all our manufacturing left... steel mills, textiles, even American standard left us.
Even if NAFTA or USMCA was removed, I'm sorry but I doubt those manufacturers would come back. They'd most likely go to countries with cheap labour like Thailand, Vietnam, or India since even though there're tariffs the cheap labour would just cancel it out
Everything you mentioned gave people cancer and destroyed families!
What Americans don't realize is that alot of Canadian jobs drifted down to the U.S. because it's cheaper to make things in the U.S. than Canada
Vox is always doing hit jobs for democrats,
If Trump does anything ,they search for anything bad even in small portion they highlight it
Did you even watch it, only 5% of workers lost their jobs to mexico therefore 95% lost it due to automation
*Next Video: **_Donald Trump, Explained with an Orange_*
Hahahahah Agreed friend! Orange man bad!
You overwatch prodigy
Orange man bad
😂👌
Orange is the New Black , i thought liberals don't go by color but it turned out to be lies you hypocrites airheads .
Does anyone else feel really bad about their life priorities because they just want to get one of those cool little model cars now? That looked like fun. 😳
Nerd.
I really want to take you on a ride in one of those
I have a few they're Maisto diecast 1:24 scale models. You can find them at hobby shops, crafts stores maybe toy stores.
Lol I thought the same thing. But I wanted a more complicated version. I want the 1000 piece types so I can build half and never finish it
nope
Transmissions and Avocados come from Mexico!
not only that we are most of your population
Tomatoes chillies nopales jalapeno too
You're welcome 🥑
Rigging Doctor and chocolate lol
How about transmissions built like avocados from mexico?
In the end, we always end up paying the price
in an effort to keep manufacturing jobs afloat so cities like detroit don't end up in ruin... If you have to pay an extra $1000, for a car that will last you 10 years, to keep workers and businesses surviving in this country its worth it.
@@Opticillusion160 But, Detroit did end up in ruins a long time ago...
It's interesting how these videos in support of NAFTA focus less on the workers and more on the product. One product, actually.
It's not one product, it's an entire sector and, on top of that, they just explain the situation with the help of one product. But I do agree that they could've given us more insight into labor unions, job satisfaction, job demographics etc.
That’s why the title is “NAFTA, explained with a toy car” and not “NAFTA explained deeply”.
There are more people buying the product than people making the product. Sorry but it makes sense.
US has Jobs thanks to Mexico, if not Cars would come from china
NAFTA isn’t just about cars
it was explained with cars. ok?
Car's are the only industry affected significantly by the new USMCA deal.
Cars are and dairy products are the only major industries impacted by Trump's 'renegotiation'
Who said it's only 'bout cars, ranger?
some body and Who wants to explain NAFTA using milk
I remember when you guys explained Nafta with an avacado.
"first deal of the kind"
*European Union blinks in trade deals
Well, the EU is more of a supranational political union and less of a trade deal.
Greetings from Germany.
I clicked for the Mustang die-cast, but stayed for the informative content.
Vox doing a pro-outsourcing, anti-union video? This is my shocked face 😐
saintsfearful unions are bad used to be in one
I want to see people's reaction when companies go full autonomous in a couple of years.
Me who's going to buy their products
@@michaelgray1803 The same folks that already buy products.
2023 here; you bought the tripe! Now you see it as it is; I hope!
Good luck seeing as they can’t and there’s no advanced technology on the planet capable of fully replacing a human in a factory and until we make androids it won’t ever exist.
I once worked with a guy that had previously worked in a Cadillac plant back in the 80's. He got paid $18 an hour to move a vacuum cleaner from one cell to another along the production line. All he said he did was move the vacuum cleaner somebody else got paid more than he did to turn the thing on and use it!
Just buy a Corolla. It’ll last a lifetime
It would've helped you escape Waterloo. What a shame.
🎼🎤 "Waterloo , Couldn't escape if I wanted to "🎵. ~Abba
Lol I know somone with a 2002 Toyota Corolla
AE86 AMIRITE
Toyota 4runner, just like the old Japanese cars it's still made in Japan and imported. It's not uncommon to see then with 300k miles
I'm all for free trade from a consumer perspective, but moving all these parts around sounds like it's terrible for the environment. If tariffs were put on to prevent more CO2 release, I could maybe get more behind it.
James Royce-Dawson A
Modern shipping has made it that so many parts get shipped at once that the cost and impact of shipping has gone down considerably. Especially compared to just shipping around the final products all over the world.
Plus, ships move so slow that they consume so little energy in doing so, that it's actually better to ship things around the world than shipping parts all over any given country by land.
@@moriallen643 not doubting that, but it is still using energy and moving stuff around when it could be done in a smaller area. They're only moving it because the labour or materials are cheaper somewhere else, even though it's available closeby. Even if it's not a dramatic amount, it's still energy that's wasted to save a few buck.
@@JamesRoyceDawson this is the time when the price doesn't capture the value
Bulk shipping costs next to nth these days but human costs can be minimised
Then it's a simple accounting to realise how much price than u can squeeze out of the cost
I think this video has a pretty dated mindset that global trade is always good with everything sourcing half the world away transport it back amd forth. The newest trend lead by tesla is increasingly is produce locally made inhouse as much possible. Automation has allow major advantage in flexiblity speed of production from blueprint and reduced transport cost and time. Its a better way to go and we want more diversity and uniquess of region not homogenious products worldwide. This trend is massive many people over looked it. Preservation of local culture vs globalized world.
“And you know airbags”
I lost it after that lol
Vox defending cheap labor
Vox loves slaves.
And your defending rich businessmen
@@waflletoast11 The minimum wage in Mexico is 8.50 a day. Of course, those wages are paid by rich Mexican businessmen, so you aren't only supporting low wages, you are supporting rich businessmen as well without even knowing it.
Vox Is defending big profits of greedy and lazy managers of Auto industry who pretend not to invest to rise efficiency in american motor plants. Those MBA Ivy league CEOs aren't skilled to improve american industry
MrSpiritchild he never replied 😂
interesting af, thanks for the enlightenment
Jesus Christ damn you were deep in the comments I think I’m the only one that found you
Hi Jesus
huh its jesus christ
I like how they say that NAFTA was the 'first major trade deal of its kind' but the EEC (European Economic Community) was already established in 1957.
Yeah, withdrawal from American exceptionalism is a few steps further, even for Vox.
German here. They're actually kinda right - the EEC (or EC, as it was later called) was basically what the EU is today.
The closest thing we in Europe have to NAFTA is EFTA (between Norway, Iceland, Liechtenstein and Switzerland, founded in 1960).
I love how you guys toed the line. The entire tone of your video is anti-USMCA yet you narrowly avoid committing to that position by using terms such as "could" instead of terms such as "will".
Even if the prices go up initially, wouldn't you expect it to reach some equilibrium just as it did under NAFTA? Also, isn't $16 / hour a good thing? That is a whole $1 / hour more than the $15 / hour liberal activist groups have been fighting for. I would have thought they would welcome this legislation.
I can barely afford tacos
Please VOX make a video on 2008 financial crises, What was it, how it all started and how it ended.
Thank you.
think this is the first video in ages i’ve watched without a tiktok add 😁
I appreciate the clarification on the benefits of NAFTA for North American car manufacturing. What I would like is a breakdown of the economic, environmental and social costs/benefits of free trade for other industries - agriculture, apparel manufacturing, tech, etc. If Vox could do a series of explainers compiling research on the effects of free trade in distinct industries, for distinct groups of people (Mexican farmers, Jamaican clothes factory workers, U.S. middle class consumers, etc.), that would be great.
I love the part where they explain how workers are dramatically underpaid/child labour/destruction of the economy due to the outsourcing of jobs :/
Very informative! Thank you for this. I do agree that by the time that NAFTA was in full effect, automation was just starting to ramp up. So this provided manufacturers with a double prize: lower production costs and fewer workers to pay when automation was able to fill that labor.
I think it was just an unfortunate coincidence that ultimately caused nafta to be blamed for these economic issues. In reality, a new deal would disrupt the flow we have now, make prices higher due to tariffs, deter foreign trade due to higher production costs and, to top it off, would not stop automation from playing huge role in the means of production.
It's fine. People could do with less cars. The environment definitely would benefit from less cars.
They'd just get them from somewhere else, unfortunately. :(
WRONG what about the car community theres an entire community that obbseses about cars
also about the environment alll transportation including boats and planes make up only 13 percent of the worlds pollution also another 13 percent of the worlds pollution is from meat somore like less meat-better enviroment
It's not about less cars, it's about potential job losses.
The car are just being used as an example. Laptop, washing machine & other industries are being threatened by the new tariffs.
@@richardtheedition1003 , 13%? I don't know if that's correct... Can you show me your reference? I believe road transport alone is 16% of total emissions with global transport at 23% of total emissions (IEA, WHO).
Even if your claim that 13% is true, I think cutting into anything that'll keep us within the 2 degrees C limit the IPCC recommends is worth it.
My Global teacher told me to watch this during winter break lol
The one problem with NAFTA was that it killed a lot of manufacturing jobs in the US. Some industries like the car industry weren't affected as much due to the complexity and resources needed to create such an item. Other industries weren't as fortunate. In my home town we lost the Mead plant ( which made folders and trapper keepers for kids Lost to Mexico), Stetson hat plant ( one of only two plants that was in the US. Now there is only one plant in Mexico.), jean plant (forgot the brand. Lost to Mexico), and about three other production plants to Mexico.
When people complain about NAFTA; this is what they meant; losing tons of production jobs to Mexico while small blue collar towns are left with nothing. I know that eventually mechanization would of put some of the people out of work; yet others would of been trained on how to operate said machinery and be able to keep their jobs.
Yet the US lost tons of blue collar jobs right after NAFTA and started the mass killing of the middle class.
I wonder what the CEO’s made this year, how much the companys gained this quarter and why are the employees getting paid scraps!
employees*. but yeah, you're asking the right questions there. basically all of us, the whole 7.5 billion, slave every day for most of our lives just to make a handful of greedy cocksuckers more money than they could ever spend. i say we all team up already and eat them alive. literally.
The thing is though that the middle class is easy to tax and is the easiest to keep under control. You say this but i bet you rarely do something that really improve other than your own conditions. The truth is that we are selfish creatures and rarely do something good for others even if it means it might long term benefit ourselves.
Dont see it as a personal attack. This is just how we all are as humans.
Great question.
It just bothers me ...we had a hike in basic pay....but when adjusted for inflation in makes no dents!
We wanted insurance and got unaffordable insurance that takes chunks out of check!
People wanted protection but the unions abused their authority and got plagued with nepotism!
Its like even if you protest some how the initial effort to gain dignity for all is wasted ! especially when parasites abuse the whole system!
It scary they want a two tiered society and they literally gaslighted us when we had occupy wallstreet then bailed themselves out!
Occupy wall street
which was infiltrated by crisis actors and dregs of society vs the actual victims middle class working two jobs for a mortgage individuals!
Its always problem , reaction and solution!
Its distrubing times we live in next they will pay us in points....
Your sweat and hours will be reimbursed in points
And you will have to compete with a robot 🤖 for a menial job!
@@Shineynsparkles Says the person who watches mantra videos to remove black magic.
Fewer cars? Sounds good.
Jeff High As do most people.
Yea but itll take a ling time for people to fet used to it
The used market still exists - which is still better than making new cars.
So you'd prefer to basically have people driving cars that are too old. Yeah, it's gonna be bad.
Ó Cúin 45% of Americans don't have access to public transit, and only about 5% use it daily.
I will never cease to be amazed how many people don't examine the minutia before reacting so negatively to some things.
0:20 "the cost hasn't changed much"
I guess 5k is just pocket change to vox
5,000 is a 11% increase, which could be a lot or not depending on how much value the car brings to the buyer. At 40K+ levels it is likely most consumers are not price-shopping.
*Cooperation and trade is good.* If cooperation is happening than the creation of value can happen.
There is no cooperation, if the world is competing against itself.
Cooperation is great. Until you’re the biggest loser.
Professor Plumm: How do you become the biggest loser?
While Tesla produces everything in the US. Why can’t everyone just switch to building everything in America?
Because cars would be more expensive. They said it in the video.
Laziness
Cars would cost much more. We have strict epa rules on manufacturing which pushes companies to manufacture in other countries to save on labor and EPA regulations
The cost of the salararies 🤑
Because there aren't many moving parts in Tesla vehicles compared to other ones, and considering the price of the tesla battery it's actually cheaper to produce Tesla vehicles domestically than abroad. But tesla is litteraly the only exception.
It was important for me for the exam prospective and this video explained in an amazing way thanks for that
get both sides of a story and never trust a video that use the word likely, it just means they dont know but have an agenda
Have a beautiful Tuesday, everyone 🤗
Thanks!
Edit: although it's night now
Yeah. Its my birthday
@@aratht7010 happy birthday. Enjoy your special day
SOMETHING STRANGE TV it’s rare to see a happy person online these days. Thanks. You made my day 🙂
ohh, think I'm late... may I have a beautiful Wensday instead ??? (wednesday)
Mass transit focus?
I like how they used a car model to assemble the car as they explained it
3:01 that little “ooooh” got me lmao
Now if we could only fix healthcare prices...
3:21 ya car manufactuing has gone Up since Nafta, even though our fancy graphs we throw at the screen for two seconds show that if anything it has gone down for at least the US and Canada
@Vox please upload a video on SAFTA, South Asia Free Trade Agreement. Thank you.
Got the idea for class presentation. Thanks Vox.
"Vox: flushing old fashioned left wing values down the pooper so our boss can save some money on a prius"
“MCA... sorta, just... works”
~Trump~
Interesting article. As I’ve stated in many automobile writers RUclips Channels - what galls me as a consumer is significantly increased automotive purchase pricing, while at the same time an inverse effect on product quality.
I’d gladly pay Ford or GM full MSRP on a new 2020 Diesel HD Truck, if that unit came with a ten year bumper to bumper warranty.
In other words you can’t complain about job losses due to rising labour costs, while year-over-year inflating your sale price, and cutting quality.
I love that little Mustang.
Wow, this might be a first where I actually agree with Vox.
Same
2:04 she said we performing miracles. she probably means low wages in Mexico
Thank you for pointing this out
Interesting. The Lon "a" sound is gone and has been replaced by the long "e" example, meejor cheeng on peeper.
Way to ignore worker exploitation and environmental concerns
With or without NAFTA, these are universal issues. They exist because of people's mentality and thirst for wealth. EDIT: and ignorance, above all!
@joseaca are there no poor houses? scrooge.. dude literally scrooge.
To be fair, the automobile industry is one of the best paying here in Mexico, even if wages are waaaay lower than US ones.
I'll bet the car companies paid for this add
I would like to see a video about the automation in the textile industry
Thank you!
2018 is a good year even NAFTA can drift now
NAFTA listened to too many eurobeats
Deja vu
I still think it should’ve been called CAMUSA
USMEXICAN
that mustang is beautiful
^.^
Explaining NAFTA with a toy car is like explaining the Cold War with a banana
3:00 “woooooo”
What am I doing here, I'm not even American
Yes you're from mars
Lucky you...
Everything was fine , but can you please share the link for the Ford Mustang toy model .
Good move. At the end of the day, “consumers have to pay the price”. To _consume_ has to be expensive.
You get a feeling there is an agenda in this video. A straw man argument.
No
You get a feeling there's an agenda in your reply....
NAFTA is a job killer and it’s more than just auto....(steel mills) and many more
We live in a world a cities that cannot sustain any more cars and companies are looking to increase their sales, it's sad to see our future being compromised by corporate greed
This was interesting, but I'm really curious to learn more about how NAFTA affected other goods sold in the US. Why have car prices remained nearly level while almost everything else rose by 86%? Does that have anything to do with NAFTA or simply market forces and inflation? How will the USMCA affect those prices?
The vehicle prices were adjusted for inflation, the 86% increase is basically measuring inflation. Whoever made this video is incompetent.
3:01 whaooo
"could": 5:26, 5:50, 6:18
"might/maybe/may": 3:46 6:07
lots of weasel words in the last two minutes.
Your comment is so underated; more ppl should point out these tricky word games
Where we're the parts for the Mustang model sourced from?
Brilliant piece
Nepal with 200%+ tax on importing cars:
Am I a joke to you?
Nepal doesn't have highways there so cars don't affect people as much.
This video is not true...the speedometer is made by BOSCHE in South Carolina!!!
I feel like Vox needs to watch more "NAFTA Explained", and "USMCA Explained" videos on youtube.
It slow imigration from Mexico i witness that with my own eyes at one point about half of men in the small town i would visit in mexico were working in the u.s after the automotive factorys open shop in Mexico most of them went back to thei home town and havent come back becuase they have a decent job now.
3:12 Canada isnt producing more cars then before.....
You all know what would solve this problem? More guns!
i like how lady in the video says WILL LIKELY a lot but every time she says it she actually means APSOLUTLY WILL
We’re going in the opposite direction as a country when we try to get back jobs for people for things that can and should be automated
The solution is not to remove automation. Its to move to more skill-based jobs and better education so that future generations have more skills that can be applicable in a new world where humans don’t have to do the labor that robots can do for them
So a US made car is $1200 dollars more? That would be around three or four more payments a month depending on the payment size. I think that is ok by me as that would give jobs to Americans who would pay taxes and NOT become unemployed and begin to draw from unemployment or somethng else. What is wrong with keeping Americans working?
Those who are all into paying higher taxes for government benefits or government sponsored benefits like universal healthcare and the like should be ok with this as well. Willing to pay more for the greater good. That works the same here.
While I personally am pro free trade, raising the 2.5% tariff a bit would help to dissuade companies from leaving.
Where can I get one of these cool model Mustangs yo?
What do you mean didn’t you adjust the prices for inflation and then say that the price hasn’t increased much? Or was it based on real income
3:11 That's pretty disingenuous. As you can see on the graph it's stagnated, collapsing and then recovering out of a recession. But after 24 years there was virtually no change in vehicle production at a time when there were great increases in overall vehicle sales. I would not call this a success story.
And to complicate it, they mentioned the back up cameras, air curtains, etc. so you're comparing two different levels of vehicles that happen to have the same name. And the market is different, how many car companies are there today selling cars? Gasoline, hybrid, electric? If consumers did the math, electric cars aren't worth the money, hybrids are better, etc. Then again in California, with gas about twice as high as anywhere else, it's different math; buy nobody asks why it's so high...
hey vox, voxxy, voxxaroni, could we do a re-do of this video that doesn't put the needs of the industry above the needs of the workers, and doesn't present neoliberal free-trade as an objective good and anyone else as reactionary? maybe in a way that doesn't conflate right-wing hatred of mexico with leftists with genuine concern about workers' rights? that ok, voxxy?
👏👏👏👏👏👏👏👏👏 a comment i can get behind
Seriously! Thank you! Exactly
Bus Pass looking real nice now