Although this bill is simple in language, NAFTA is not a simple thing. It may impact your own investment portfolios or those of your retirement plan. If you think undoing NAFTA is going to stop factory and job migration, and illegal immigration, then someone is not being real. What is the expected outcome if removing NAFTA occurs? The bill does not provide an impact assessment. So what motivates this? If the aim is to keep jobs and factories in the US, reduce taxes and provide incentives to keep jobs here. Like all political agreements, NAFTA is flawed, but has good aspects. Keep the good, junk the bad.

I think the motivation behind this is that Gene’s doing a little “CYA”. He knows that he’s in for a tough re-election battle this year and he’s doing everything he can to convince the voting public that he’s really the Blue Dog that he keeps saying he is.

It’s time people were woken up to the reality that Gene is becoming increasingly liberal with each passing day.

The point is also that NAFTA is a BIG part of the “immigration problem.” Illegal immigration has increased exponentially as the effects of NAFTA began to be felt. Free Trade is great in theory, but only if the playing field is level. You can’t have free movement of capital and goods across borders without also having free movement of labor or equitable labor laws in both countries.

The EU can have free trade because all of the countries are relatively equal in living standards. They also have a unified currency. We can even have free trade with Canada, which has equitable labor laws and living standards to the U.S.

But having “free trade” between Mexico and the U.S. equates to colonialism.