https://youtu.be/Wht5u9cZas4?t=93415:27
The talk came around to American jobs. That question opened the door. What
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Perot said next would define the next 30 years of American politics.
I'd like to direct my question to Mr. Perot.
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Uh, what will you do as president to open foreign markets to fair competition from American business and to stop
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unfair competition here at home from foreign countries so that we can bring
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jobs back to the United States?
This is the question that opened the
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door. Perot's answer becomes the speech that defines the next 30 years of
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American politics.
That's right at the top of my agenda. We've shipped millions of jobs overseas.
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He names the problem in his first breath. But what comes next, the part nobody
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quotes, is the political mechanism, he says, is making it inevitable.
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And uh we have a strange situation because we have a process in Washington
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where after you've served for a while, you cash in, become a foreign lobbyist, make $30,000 a month, then take a leave,
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work on presidential campaigns, make sure you got good contacts, and then go back out.
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He isn't just predicting an economic outcome. He's naming the corruption that's going to make it
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impossible to stop. Then he gets to the mechanism itself.
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To those of you in the audience who are business people, pretty simple. If you're paying 12, $13, $14 an hour for
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factory workers and you can move your factory south the border, pay a dollar an hour for labor, have no health care,
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that's the most expensive single element, making a car, have no environmental controls, no pollution controls, and no retirement.
The
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specific numbers, the three structural advantages, the exact economic case for
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why the jobs will leave. Then he lands the line.
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And you don't care about anything but making money. There will be a giant sucking sound going south.
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But he isn't done. He told the audience he had gone and asked the architects
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of NAFTA themselves how long the damage would last.
I decided I was dumb and didn't
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understand it. So I called the who's who of the folks who've been around it and I said why won't everybody go south? They said it'll be disruptive. I said for how
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long? I finally got them up for 12 to 15 years and I said well how does it stop being disruptive and that is when their
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jobs come up from a dollar an hour to $6 an hour and ours go down to $6 an hour then it's leveled again but in the
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meantime you've wrecked the country with these kinds of deals.
The deal was the North American Free
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Trade Agreement, NAFTA, knitting the United States, Canada, and Mexico into
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one market with the tariffs stripped away.
Trump understood it also. And was an outsider also (not an outsider to the extent Perot was in my opinion). But Trump came 24 years later and by then it was too late.
The whole video is a pretty reasonable facsimile of the economic destruction of America from 1971, as I saw it from the age of 9 to the present day. The pictures and clips are good.
AI is just more psychopathic BS along the same lines as NAFTA.