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The North American Free Trade Agreement: Hearing Before the Committee on Small Business, House of Representatives, One Hundred Third Congress, First Session (Classic Reprint)

U.S. Committee on Small Business
4.9/5 (28185 ratings)
Description:Excerpt from The North American Free Trade Agreement: Hearing Before the Committee on Small Business, House of Representatives, One Hundred Third Congress, First Session The stock which had been originally purchased at a low price could then be sold at a dramatically higher price as a result of moving the labor to Mexico. Here are the characteristics of the companies they are looking for: Low to mid-range technology manufacturing; moderate to good growth; sales in the range of $10 to $100 million; excellent manage ment; proven products; and a labor component of 20 to 30 percent of the cost of goods sold. Well, we did a study. How many companies in the United States meet this criteria? The number of companies meeting this criteria employ million workers and million of those workers are production workers. That is the work that under this plan would head south. The next question you might logically ask, as a business person, is how soon could we turn this around and sell these companies at a big profit? Right out of the prospectus, It is anticipated that most invest ments will be limited from 3 to 8 years, but some investments may be realized early or later. To me, this prospectus, which has now been withdrawn because it became so controversial and so clearly summarizes the impact of nafta on our country, is the most succinct summary one could make of the adverse impact of nafta on the us. Workers and the us. Tax base. I think that just sums it up in terms of people who understand business of how the whole system works. There is nothing in there for us, by the way, except a reliving of the junk bond era of the 1980's. You could call this the mbo, the Mexican buyout, or you could call it whatever you might want, but it will make a few people rich and put millions of people out of work if we go down this track, and destroy our tax base. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.We have made it easy for you to find a PDF Ebooks without any digging. And by having access to our ebooks online or by storing it on your computer, you have convenient answers with The North American Free Trade Agreement: Hearing Before the Committee on Small Business, House of Representatives, One Hundred Third Congress, First Session (Classic Reprint). To get started finding The North American Free Trade Agreement: Hearing Before the Committee on Small Business, House of Representatives, One Hundred Third Congress, First Session (Classic Reprint), you are right to find our website which has a comprehensive collection of manuals listed.
Our library is the biggest of these that have literally hundreds of thousands of different products represented.
Pages
Format
PDF, EPUB & Kindle Edition
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Release
ISBN
1334430993

The North American Free Trade Agreement: Hearing Before the Committee on Small Business, House of Representatives, One Hundred Third Congress, First Session (Classic Reprint)

U.S. Committee on Small Business
4.4/5 (1290744 ratings)
Description: Excerpt from The North American Free Trade Agreement: Hearing Before the Committee on Small Business, House of Representatives, One Hundred Third Congress, First Session The stock which had been originally purchased at a low price could then be sold at a dramatically higher price as a result of moving the labor to Mexico. Here are the characteristics of the companies they are looking for: Low to mid-range technology manufacturing; moderate to good growth; sales in the range of $10 to $100 million; excellent manage ment; proven products; and a labor component of 20 to 30 percent of the cost of goods sold. Well, we did a study. How many companies in the United States meet this criteria? The number of companies meeting this criteria employ million workers and million of those workers are production workers. That is the work that under this plan would head south. The next question you might logically ask, as a business person, is how soon could we turn this around and sell these companies at a big profit? Right out of the prospectus, It is anticipated that most invest ments will be limited from 3 to 8 years, but some investments may be realized early or later. To me, this prospectus, which has now been withdrawn because it became so controversial and so clearly summarizes the impact of nafta on our country, is the most succinct summary one could make of the adverse impact of nafta on the us. Workers and the us. Tax base. I think that just sums it up in terms of people who understand business of how the whole system works. There is nothing in there for us, by the way, except a reliving of the junk bond era of the 1980's. You could call this the mbo, the Mexican buyout, or you could call it whatever you might want, but it will make a few people rich and put millions of people out of work if we go down this track, and destroy our tax base. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.We have made it easy for you to find a PDF Ebooks without any digging. And by having access to our ebooks online or by storing it on your computer, you have convenient answers with The North American Free Trade Agreement: Hearing Before the Committee on Small Business, House of Representatives, One Hundred Third Congress, First Session (Classic Reprint). To get started finding The North American Free Trade Agreement: Hearing Before the Committee on Small Business, House of Representatives, One Hundred Third Congress, First Session (Classic Reprint), you are right to find our website which has a comprehensive collection of manuals listed.
Our library is the biggest of these that have literally hundreds of thousands of different products represented.
Pages
Format
PDF, EPUB & Kindle Edition
Publisher
Release
ISBN
1334430993
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