I think many businesses will shut down (not an enormous amount), but some ranchers, restaurants, contractors, etc that can operate now will not be able to any longer. Maybe enough for those taxes to be a wash, maybe not. But I think the overall negative for both Mexico and the US will be greater than the positive. Unless the wall isn't very effective....then it's just a waste of money.
Funny how Trump and Minister of Propaganda Spicer still saying Mexico will pay for the wall, yet ...
- Thread starter Original Mountaineer1
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All of the work being done by illegals will still have to be done. It won't be as cheap and costs will go up all the way to the end user but people are who shirking the law will have to adjust or someone will take their place.
TEMPORARY work visas are already a substantial must for golf courses, hotels, resorts....all legal....not sure how the taxes work, but if these programs are shut down it will devastate tourism in many states. As for illegals, some jobs will be filled, some won't be able to be filled, those businesses will have serious trouble surviving. The ones that do will raise prices to offset higher costs. The scale of which could be substantial. I guess we're going to see. I'll give the man credit....he isn't scared to take action. I guess that's something......not necessarily something good
How many books has your dog written? I would agree that your dog would have caused this country far less problems than the previous anti American President did.
Sorry, I misread what you said. I thought you were referring to Coulter as propaganda Barbie. Again, sorry I didn't comprehend what you said.
Cut out the increase of 25 mill in food stamps and some of those jobs will be filled.
Don't be sorry. WVU82 posted the numbers of how much money immigrants send back to Mexico and included another tweet from Coulter. OM then responded to him about propaganda Barbie, so it's easy to see why someone one would think that. Maybe he should have tried to dispute WVU82s claim instead of throwing in an irrelevant propaganda Barbie response.
"U.S. goods and services trade with Mexico totaled an estimated $583.6 billion in 2015. Exports were $267.2 billion; imports were $316.4 billion."
Given the relative wealth of the countries, I would have expected a larger trade deficit with Mexico before looking up the figures.
Given the relative wealth of the countries, I would have expected a larger trade deficit with Mexico before looking up the figures.
https://ustr.gov/countries-regions/americas/mexico
Exports
Exports
- Mexico was the United States' 2nd largest goods export market in 2015.
- U.S. goods exports to Mexico in 2015 were $236 billion, down 1.6% ($3.9 billion) from 2014 but up 97% from 2005. U.S. exports to Mexico are up 468% from 1993 (pre-NAFTA). U.S. exports to Mexico account for 15.7% of overall U.S. exports in 2015.
- The top export categories (2-digit HS) in 2015 were: machinery ($42 billion), electrical machinery ($41 billion), vehicles ($22 billion), mineral fuels ($19 billion), and plastics ($17 billion).
- U.S. exports of agricultural products to Mexico totaled $18 billion in 2015, our 3th largest agricultural export market. Leading categories include: corn ($2.3 billion), soybeans ($1.4 billion), dairy products ($1.3 billion), pork & pork products ($1.3 billion), and beef & beef products ($1.1 billion).
- U.S. exports of services to Mexico were an estimated $30.8 billion in 2015, 2.7% ($807 million) more than 2014, and 36.7% greater than 2005 levels. It was up roughly 196% from 1993 (pre-NAFTA). Based on 2014, leading services exports from the U.S. to Mexico were in the travel, transportation, and intellectual property (computer software) sectors.
- Mexico was the United States' 3rd largest supplier of goods imports in 2015.
- U.S. goods imports from Mexico totaled $295 billion in 2015, up 0.2% ($667 million) from 2014, and up 73% from 2005. U.S. imports from Mexico are up 638% from 1993 (pre-NAFTA). U.S. imports from Mexico are up 638% from 1993 (pre-NAFTA).
- The top import categories (2-digit HS) in 2015 were: vehicles ($74 billion), electrical machinery ($63 billion), machinery ($49 billion), mineral fuels ($14 billion), and optical and medical instruments ($12 billion).
- U.S. imports of agricultural products from Mexico totaled $21 billion in 2015, our 2nd largest supplier of agricultural imports. Leading categories include: fresh vegetables ($4.8 billion), other fresh fruit ($4.3 billion), wine and beer ($2.7 billion), snack foods ($1.7 billion), and processed fruit & vegetables ($1.4 billion).
- U.S. imports of services from Mexico were an estimated $21.6 billion in 2015, 11.0% ($2.1 billion) more than 2014, and 50.0% greater than 2005 levels. It was up roughly 191% from 1993 (pre-NAFTA). Based on 2014, leading services imports from Mexico to the U.S. were in the travel, transportation, and technical and other services sectors.
- The U.S. goods trade deficit with Mexico was $58 billion in 2015, a 8.4% increase ($4.5 billion) over 2014.
- The United States has a services trade surplus of an estimated $9.2 billion with Mexico in 2015, down 12.7% from 2014.
I don't have a problem with temporary work visas. Documented workers are not the issue anywhere, I don't believe. They will pay taxes and I agree they are necessary. I feel the same way about migrant workers. The problem is undocumented workers who are paid under the table. If a company can't cut it without them than they fail.
And all Trump has to do is tell Mexico's little Frito Bandito Prez he gets no Tortilla chips unless he pays for that damn wall! (with a smile on his face)
Done.
Wal-Mart is what's called an "anchor store" when a large strip Mall development is built. After it opens, dozens of other smaller stores open up capitalizing on the foot traffic the Wal Mart Super center brings in.
The strip mall cannot survive without Wal Mart.
The US is the "anchor store" for Mexico and the rest of the 'strip mall' countries of Central & South America, and others of the Pacific rim, Caribbean, Middle East, India, and even to a large extent China and Western Europe.
Mexico especially cannot survive long term without the U.S. economy.
"We have them by the cahones, so their hearts and minds will follow"--Teddy Roosevelt quote.
If you've got them by the balls, their hearts and minds will follow -- Theodore Roosevelt was asked by an aide, Lt. Douglas MacArthur, in 1906 "to what he attributed his popularity."
Safire's New Political Dictionary" by William Safire (Random House, New York, 1993). Page 716
There are legal ways to gain such green card employment. It will be more secure with e-verification. I may be wrong, but I think this is mostly a bipartisan position. Seems like Pres Obama used to espouse e-verify on occasion.
It's not just the straight cash payments you've mentioned boom. Some of that Mexican booty is invested & generates revenues in other ways like as transfer payments for needed goods and services to Mexico, it's also in LLPs (limited liability partnerships) individually owned self funded proprietorships, bank holdings, real estate trusts, land acquisition contracts, savings certificates (US treasury notes) bonds, liquid assets, Insurance policies, corporate assets and holdings, negotiated business contracts, and host of other financial and investment instruments like derivatives on diversified stock portfolios that contain numerous Mexican shares and dividends.
If Mexico wants access to that wealth, it better play along and cooperate with Trump's attempts to secure that boarder so assets, labor, and capital can be protected on both sides....but more-so on ours because we're the market that generates the added value to Mexico's holdings.
Why not review NAFTA, create a more equitable agreement? What's the point of punishing Mexico? I haven't studied this but I think in the long term, the US benefits from an economically strong Mexico
True, but as Trump has said the trade playing field is all tilted in their favor. We're not out to destroy Mexico's economy, we just need their help to keep their flood of illegal immigrants from destroying ours.
Since they get the benefits of trading with us, we want them to pay for our attempts to secure our border with them which will strengthen both economies.
They'll come around because they have much more to lose in a loss of trade with us than we do with them.
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Lose not loose.
You think they have more to lose?
US exports:
Canada - 280 billion 18.6%
Mexico - 236.4 billion 15.7%
China - 116.2 billion 7.7%
Japan - 62.5 billion 4.2%
Thank you for the grammatical interjection Mr. Spelling bee. On your numbers, you have to look at the percentages of their GDP vs ours. That's a more accurate reflection of the impact of them losing (not loosing) trade with us will have on their economy.
I'm not going to look it up because off the top of my head we have an economy in the trillions of GDP so our exports to Mexico aren't even a fraction of that number you posted. What's Mexico's?
The percentages listed are per cent of total export.
Mexico has an equal balance between import and export. The US is Mexico's second largest export recipient, 33.2 billion.
We are their second largest export recipient and they are our second largest export recipient. We really don't have the leverage that Trump thinks we have. He doesn't want to start a trade war. There are so many American companies with factories there and we benefit by purchasing a lot of low cost goods.
OK, but our economy is exponentially bigger than Mexico's, so if they lose their chunk with us where does that leave them? Who else can they regain those shares with?
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He unleashes a withering attack of unassailable fact spiced by incalculable logic and indecipherable oratory. Truly mesmerizing in its assembly and dissemination.
We really do have all the leverage. The peso nose dived today on news of the day. The dollar is strong. The US has all the leverage here and only a fool would suggest otherwise.
QUOTE=dave, post: 1436596, member: 94"We really do have all the leverage. The peso nose dived today on news of the day. The dollar is strong. The US has all the leverage here and only a fool would suggest otherwise.[/QUOTE]
Mexico threatening to pull out of NAFTA with us is like Marshall threatening to never play us again.
Really?
Mexico threatening to pull out of NAFTA with us is like Marshall threatening to never play us again.
Really?
Wrong. They are our second largest export recipient, 15.7% of all exports, twice as large as the next recipient, China. Only a fool wouldn't recognize this. Even dumbass Mcconnell and Paul Ryan got Trump to change his tune real quick today as soon as he got off the plane back to D.C., from a 20% tarrif on Mexico to it is one of many options we are looking at.
Mexico has free trade agreements with 40 countries.
And what are he positives of that? More drugs streaming over, under, and around the wall?
Mexico threatening to pull out of NAFTA with us is like Marshall threatening to never play us again.
Really?[/QUOTE]
So you, like Dave, feel an economically ruined Mexico is a good thing.......... I just can't even imagine why that's a good thing.