Today there was an obscure reference in the news that the Trump Administration is demanding concessions of Mexico and Canada to NAFTA after a review of the concessions showed an overwhelming deficit.
This was yet another of the issues brought up by President Trump with regard to lopsided business deals that are not in the best interest of this country but benefit other countries over our own.
Clearly, this administration understands the art of the business deal and further is moving in a direction that will improve our lot in this country.
What is most interesting is that the former POTUS, Obama stated that Trump would be dismantling a quote, “Good Deal for Us!” Good deal indeed.
Obama himself promised sweeping changes to NAFTA in his second campaign but his promise never came to fruition.
In a Politico post it was reported “It’s true that Obama has been harshly critical of NAFTA on the campaign trail, citing shortfalls in its protections for workers and the environment. He has used words like “devastating” and “a big mistake” to describe the agreement.
Obama was particularly critical of NAFTA in February in the run-up to the Ohio Democratic primary. In a debate, he said, “We should use the hammer of a potential opt-out as leverage to ensure that we actually get labor and environmental standards that are enforced.”
In a June 20, 2008 conference call with reporters, Obama surrogate Sen. Sherrod Brown, the Ohio Democrat, said he was “absolutely confident Barack Obama will reopen the negotiations on NAFTA. I have been assured by him and his top economic advisers there is no question his position is constant and will stay that way on the North American Free Trade Agreement.”
What we can take from this is that the former POTUS either never intended to change NAFTA, wasn’t able to change NAFTA or really didn’t care about NAFTA then but now believes that NAFTA was a “Good Deal.” Another promise of the former administration being kept by the current.
It should be noted that workers in Mexico say if the NAFTA agreement is going to be changed and no longer benefit Mexico more than the United States, they prefer the agreement to be scrapped completely! This from average Mexicans workers who can recognize that NAFTA was a great deal for them and to change it would remove that advantage.
So, another of the outgoing administrations “Great Deals” or “Good Stuff” actually did not benefit the United States but the other countries who on the other side of the handshake.