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originally posted by: burdman30ott6
originally posted by: reldra
a reply to: onequestion
Do you also think Mexico will be paying for said imaginary wall? To be for 'the wall' you also have to believe how Trump wants to fund the wall.
$8 Billion construction cost...
Mexico currently receives just under $500 Mil per year in US foreign aid, so take away that...
Tear up NAFTA, which has cost the US $181 Billion in lost jobs to Mexico over the past 20 years
This act alone would effectively tackle the current $53.8 Billion trade deficit between the US and Mexico.
Figure construction of that wall will take at least 5 years, so there's $2.5 Billion of the cost just by eliminating foreign aid to them. Once NAFTA is no more, the remaining bill represents 10% of the trade deficit or a reasonable industrial flat tax on $53.8 Billion worth of trade value.
THE WALL
Built by Americans, for Americans, on Mexico's dime (for a change)
TRUMP 2016
originally posted by: burdman30ott6
a reply to: Connector
That''s absolutely false. Congress can vote to abolish the treaty in a simple majority vote and, so long as the seated POTUS signs it, virtually any treaty the US is involved in would be legally abolished.
originally posted by: DelMarvel
originally posted by: burdman30ott6
a reply to: Connector
That''s absolutely false. Congress can vote to abolish the treaty in a simple majority vote and, so long as the seated POTUS signs it, virtually any treaty the US is involved in would be legally abolished.
But that doesn't address the question of what the economic impact would be at this point. For example, the entire U.S. automotive industry is now integrated with Mexico. The automotive industries of other countries have built plants in Mexico for the purpose of exporting to the U.S. That's been a twenty year process and a Donald Trump can't wave a magic wand and put the toothpaste back in the tube just like that.
originally posted by: UKTruth
originally posted by: DelMarvel
originally posted by: burdman30ott6
a reply to: Connector
That''s absolutely false. Congress can vote to abolish the treaty in a simple majority vote and, so long as the seated POTUS signs it, virtually any treaty the US is involved in would be legally abolished.
But that doesn't address the question of what the economic impact would be at this point. For example, the entire U.S. automotive industry is now integrated with Mexico. The automotive industries of other countries have built plants in Mexico for the purpose of exporting to the U.S. That's been a twenty year process and a Donald Trump can't wave a magic wand and put the toothpaste back in the tube just like that.
The debate was an absolute joke and looked more like a reality TV show than a political discussion. CBS set it up that way and the puppets on stage duly obliged.