USMCA vs NAFTA, explained with a toy car

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Vox

Vox

Күн бұрын

Пікірлер: 2 300
@Vox
@Vox 6 жыл бұрын
Renegotiating NAFTA is the latest in the Trump administration's escalating rhetoric and action around international trade. Watch our video on trade wars, which outlines what's at stake: bit.ly/2qjliwj
@taragwendolyn
@taragwendolyn 6 жыл бұрын
The kicker is, thanks to CPTPP (both Canada & Mexico are members), neither Canada nor Mexico will actually suffer all that much because it'll reduce prices on Japanese cars, and with CETA in play, Canada will also see lower prices on European cars. That'll have a knock-on effect on US automakers and the US economy. Killing NAFTA is a very bad idea.
@Vineet0k
@Vineet0k 6 жыл бұрын
1:53 is that a typo? $1200 less?
@ncooty
@ncooty 6 жыл бұрын
@Vineet0k It's a dash, designating a range of values.
@princecharming69
@princecharming69 6 жыл бұрын
Cars costing more would be a good thing. We need less cars on the road to combat global warming and rally support for public transportation. I hope it hits the high end of price increase
@princecharming69
@princecharming69 6 жыл бұрын
Cars should be made with less amenities and features so consumers can repair them easier and last longer. That would reduce prices if thats what you want. But we really dont want more cars on the road
@ivanabakumov9373
@ivanabakumov9373 4 жыл бұрын
Never thought Id see Vox defend the automotive industry so passionately.
@zachw4947
@zachw4947 3 жыл бұрын
Lol ya its bizzare
@lsmithhat8541
@lsmithhat8541 Жыл бұрын
Yeah right i would rather have expensive cats and cheap food and energy.
@molu1234567890
@molu1234567890 4 жыл бұрын
If Obama, Trump and Sanders say the same thing, I don't know what to believe in anymore.
@leif_____8579
@leif_____8579 4 жыл бұрын
It's funny because once Obama was elected he changed his position
@nunnie768
@nunnie768 4 жыл бұрын
@Luís Filipe Andrade because it required any parts being made in the us so now the new deal is worst
@nunnie768
@nunnie768 4 жыл бұрын
@Luís Filipe Andrade it's not better will just have to pay more for more this benefit their labor standards would just be higher
@nunnie768
@nunnie768 4 жыл бұрын
@Luís Filipe Andrade US Labor standard aren't that much different from Mexico and Canada. We are in dealing with China or Taiwan here. We just have to pay more for goods
@St3v3NWL
@St3v3NWL 4 жыл бұрын
Your bubble has popped that Trump actually makes sense?
@zPheonixProductions
@zPheonixProductions 6 жыл бұрын
Why are Americans so fixated on trying to save or bring back manufacturing jobs? Machines are going to completely replace manual labour in the next few decades... it's a lost cause
@JayDude07
@JayDude07 6 жыл бұрын
Ya. I hear ya. Automation has been and will continue to push people out. Retraining people would be a better option in the long run
@jinjunliu2401
@jinjunliu2401 6 жыл бұрын
@@St3v3NWL only if you aren't prepared for the changes
@JayDude07
@JayDude07 6 жыл бұрын
@@St3v3NWL it is already happening. And it has happened many times in the history of humanity. Economies change and put people who were unwilling to change with it out of work. The answer isn't holding onto a changing economy, it is preparing people for the new one
@SputnikCrisis
@SputnikCrisis 6 жыл бұрын
We all aren't like that. Some of us know how much automation and robotics are already changing the world everyday
@ronniewells5231
@ronniewells5231 6 жыл бұрын
Because some Americans have problems accepting change whether it be in the economy, demographics, values, etc... Those are the people pushing back against what they view as the correct way for things to be and that's how we end up with people like Trump in office.
@PvpKatu
@PvpKatu 6 жыл бұрын
Things not mentioned Mexican farmers / food production Isds Environmental standards Increasing business power
@SoteloAldo94
@SoteloAldo94 5 жыл бұрын
Doubtz -Industrial and intellectual properties -International Controversies -Regulations -Compensatory fees
@eidrahhtarts4102
@eidrahhtarts4102 4 жыл бұрын
Doubtz or even if people are better off due to NAFTA. GDP may have grown and prices may have decreased but is this a good indicator of the financial well-being the citizens involved? This neoliberal idea of increases in GDP and the stock market mean people are better off is showing to not be true.
@eavyeavy2864
@eavyeavy2864 4 жыл бұрын
Environmental standards has nothing to do with car
@pacificswell
@pacificswell 4 жыл бұрын
Exactly! Empire of the United States.
@maxrequisite
@maxrequisite 4 жыл бұрын
@@eavyeavy2864 are you the not smart?
@pulcherius
@pulcherius 4 жыл бұрын
So a luxury item cost remains stable while necessities go through the roof. Great
@Erick-zb7xv
@Erick-zb7xv 3 жыл бұрын
Makes no sense
@MrDanielfff777
@MrDanielfff777 3 жыл бұрын
@@Dwarfplayer neoliberalism would mean less tariffs
@bloodwargaming3662
@bloodwargaming3662 3 жыл бұрын
Cars are neither luxury nor necessity in most cases yes if bmw or labos are taken into consideration then it's. A different story
@Curlyhairedasian
@Curlyhairedasian 6 жыл бұрын
You didn't explain NAFTA, you explained the automobile manufacturing industry in regards to NAFTA.. Fix the misleading title
@jusletursoulglobaby
@jusletursoulglobaby 5 жыл бұрын
automobiles were the example but it explained the deal before using the Ford Mustang as an example
@xrellikgr
@xrellikgr 4 жыл бұрын
Soul Glow NAFTA is a lot bigger then just cars, this video only took a small dap at NAFTA.
@jusletursoulglobaby
@jusletursoulglobaby 4 жыл бұрын
@@xrellikgr did you read my comment? did you miss the word EXAMPLE?
@VexerFleet
@VexerFleet 4 жыл бұрын
Well said.
@jakedesnaque8910
@jakedesnaque8910 4 жыл бұрын
@@jusletursoulglobaby the deal that still misled the viewers by that example.. Like the gentleman says, it's bigger than auto business... Why cherry picked?
@nelhuiliztli2926
@nelhuiliztli2926 6 жыл бұрын
Can we talk about how Mexico has gotten the least benefits from NAFTA, especially in the Agricultural Sector?
@AdamSmith-gs2dv
@AdamSmith-gs2dv 6 жыл бұрын
What can Mexico farm? Their land is either hot dry desert or dense rainforest
@jael8567
@jael8567 6 жыл бұрын
@@AdamSmith-gs2dv Wrong!
@ephraimboateng5239
@ephraimboateng5239 6 жыл бұрын
@@AdamSmith-gs2dv what?
@arturogonzalez-barrios8206
@arturogonzalez-barrios8206 6 жыл бұрын
Are you serious? That's the most hilariously uninformed comment I've seen in a while.
@deborahwood9304
@deborahwood9304 6 жыл бұрын
@@arturogonzalez-barrios8206 It's on up there for sure but claiming South American immigrants are bringing an officially eradicated disease with them (smallpox) beats the hell out of it for "uninformed" LOL
@lightswitchy
@lightswitchy 6 жыл бұрын
This makes it sound like NAFTA was *only* about Cars and nothing else.
@xfirefox_x
@xfirefox_x 6 жыл бұрын
To be fair, the video title is put as "explained with a toy car".
@simplyliving4011
@simplyliving4011 6 жыл бұрын
I think the video did say that the cost of other goods went up around 86% since NAFTA signing
@SuperShAd0
@SuperShAd0 6 жыл бұрын
NAFTA means diesel in my language lol
@Catcrumbs
@Catcrumbs 6 жыл бұрын
@Michael Jordan The video didn't say that there was any relation between the two, as you are implying.
@FrankTehTank96
@FrankTehTank96 5 жыл бұрын
Not a single mention of the corn industry, maquilladoras, and the immigration and economic crisis NAFTA created in Mexico when we supported the exploration of labor and changed all of their markets that help them self-sustain to meet the demands of the US consumer, leaving Mexico on the back-burner, and forcing them to become reliant on us after their natural industries died off. Nice to see Vox is still the neo-cons they always have been
@ZacAttack9906
@ZacAttack9906 6 жыл бұрын
The real question is why is inflation gone up almost 100% in 25 years
@cdr861532
@cdr861532 5 жыл бұрын
EXACTLY!!!!!!! Everything has gone up but our wages!!!!!
@moderndilettante6896
@moderndilettante6896 5 жыл бұрын
thats a really good rate of inflation, in economics you aim at having 3-4% of inflation at all times. 25x3.8 should make sense. The reason why you want inflation is to increase output of the economy, to try and break down my whole semester of macro economy of why inflation is good let me explain. Inflation essentially means that workers are producing more and more each year, if 1 worker produces more than 1 unit the difference is inflation. Your employer will probably give you raises as productive you are so 2-4% increase should be guaranteed. if the inflation were to be kept at 0% you employer would have to cut your pay by 2% to maintain their margin and cutting wages has more of a psychological toll on workers than raises so they might become less productive or be afraid of the future of the economy. On the consumer side lower inflation is great but on the producer side it isnt and since the producing side determines wages and outflows it would essentially be detrimental. Technically in a perfect system there still can be growth at 0 inflation but society is not remotely perfect so inflation is the phenomenon we have to deal with. Deflation is just as bad as Stagflation
@moderndilettante6896
@moderndilettante6896 5 жыл бұрын
@@cdr861532 Wages are relative to the market you work in. If you ask any engineer working in tech or Finance major working in banking or a Doctor they would completely disagree with you! The market allocates money to where it deems it the worthiest.
@alexs1640
@alexs1640 5 жыл бұрын
@@moderndilettante6896 markets general dictate wages, but that's true only without outside control. What we're seeing frequently is business sticking together to set wages low. It's the same idea as markets dictating rent prices, that's true, except for the landlords sticking together to set prices high. When businesses don't compete, the markets are no longer dictating the price... that's why rent in NYC and LA are so high. Instead of competing, they've banded together. Greed is prevalent now more than ever. The rich are paying to set laws that benefit the rich. Of course doctors and engineers aren't hurting, but those are specialized jobs, we are talking about everyone else. That's kind of like a surgeon who has killed many patients saying "but look at all these other incredibly healthy patients".
@MichaelVII_
@MichaelVII_ 4 жыл бұрын
*_Inflation is a choice_*
@danielreed8029
@danielreed8029 5 жыл бұрын
3:18 "US is producing more cars now than before NAFTA, same for Mexico and Canada" The graph you showed says the levels basically stayed the same though...
@Idunnobroseph
@Idunnobroseph 5 жыл бұрын
Lol
@KodeKween
@KodeKween 5 жыл бұрын
Increase is a increase whether small or large.
@stevenl5049
@stevenl5049 5 жыл бұрын
EXACTLY
@stevenl5049
@stevenl5049 5 жыл бұрын
Canada's actually went down
@MrSpiritchild
@MrSpiritchild 4 жыл бұрын
@@KodeKween Yes, but you got to wonder if the increase is based on a trade deal, or the natural increase of demand based on a growing population.
@ocek2744
@ocek2744 6 жыл бұрын
It's interesting how these videos in support of NAFTA focus less on the workers and more on the product. One product, actually.
@vladniculae6114
@vladniculae6114 6 жыл бұрын
It's not one product, it's an entire sector and, on top of that, they just explain the situation with the help of one product. But I do agree that they could've given us more insight into labor unions, job satisfaction, job demographics etc.
@josealbertoriveradonan2761
@josealbertoriveradonan2761 5 жыл бұрын
That’s why the title is “NAFTA, explained with a toy car” and not “NAFTA explained deeply”.
@katobytes
@katobytes 5 жыл бұрын
There are more people buying the product than people making the product. Sorry but it makes sense.
@Explicador
@Explicador 4 жыл бұрын
US has Jobs thanks to Mexico, if not Cars would come from china
@professorplum72
@professorplum72 4 жыл бұрын
Attention Vox: NAFTA destroyed my county in Kentucky as all our manufacturing left... steel mills, textiles, even American standard left us.
@AuChoco
@AuChoco 4 жыл бұрын
Even if NAFTA or USMCA was removed, I'm sorry but I doubt those manufacturers would come back. They'd most likely go to countries with cheap labour like Thailand, Vietnam, or India since even though there're tariffs the cheap labour would just cancel it out
@SZUSEast1
@SZUSEast1 4 жыл бұрын
Everything you mentioned gave people cancer and destroyed families!
@frankdeluca5983
@frankdeluca5983 4 жыл бұрын
What Americans don't realize is that alot of Canadian jobs drifted down to the U.S. because it's cheaper to make things in the U.S. than Canada
@JobyPanachickal
@JobyPanachickal 4 жыл бұрын
Vox is always doing hit jobs for democrats, If Trump does anything ,they search for anything bad even in small portion they highlight it
@paladinoestetica
@paladinoestetica 4 жыл бұрын
Did you even watch it, only 5% of workers lost their jobs to mexico therefore 95% lost it due to automation
@BobMcCoy
@BobMcCoy 6 жыл бұрын
*Next Video: **_Donald Trump, Explained with an Orange_*
@Chrispapaification
@Chrispapaification 6 жыл бұрын
Hahahahah Agreed friend! Orange man bad!
@ihavememesyouwannaseethem
@ihavememesyouwannaseethem 6 жыл бұрын
You overwatch prodigy
@strogarth6752
@strogarth6752 6 жыл бұрын
Orange man bad
@nerdfighter2004
@nerdfighter2004 6 жыл бұрын
😂👌
@yaseer37ya
@yaseer37ya 6 жыл бұрын
Orange is the New Black , i thought liberals don't go by color but it turned out to be lies you hypocrites airheads .
@gwantM
@gwantM 6 жыл бұрын
Vox defending cheap labor
@jordandennis6794
@jordandennis6794 5 жыл бұрын
Vox loves slaves.
@waflletoast11
@waflletoast11 4 жыл бұрын
And your defending rich businessmen
@MrSpiritchild
@MrSpiritchild 4 жыл бұрын
@@waflletoast11 The minimum wage in Mexico is 8.50 a day. Of course, those wages are paid by rich Mexican businessmen, so you aren't only supporting low wages, you are supporting rich businessmen as well without even knowing it.
@lucabartolozzi9923
@lucabartolozzi9923 4 жыл бұрын
Vox Is defending big profits of greedy and lazy managers of Auto industry who pretend not to invest to rise efficiency in american motor plants. Those MBA Ivy league CEOs aren't skilled to improve american industry
@nyeoncolors6949
@nyeoncolors6949 4 жыл бұрын
MrSpiritchild he never replied 😂
@MrGA555
@MrGA555 4 жыл бұрын
NAFTA covers more than just the automotive industry. Look into Mexico’s small farmers and their struggle to stay afloat
@reishlion4394
@reishlion4394 4 жыл бұрын
Tbh, the system being set in place world wide is to break small farmerd and keep only those that produce huge amount. World wide a small farm is not a good investment because of labor intensity and cost of products you put into keeping your farm producing. The system has made it difficult and expensive for small producers.
@Brain_Food-
@Brain_Food- 2 жыл бұрын
@@reishlion4394 Govt farms to control the population.
@minabotieso6944
@minabotieso6944 6 жыл бұрын
NAFTA isn’t just about cars
@blu-rayy
@blu-rayy 6 жыл бұрын
it was explained with cars. ok?
@jascrandom9855
@jascrandom9855 6 жыл бұрын
Car's are the only industry affected significantly by the new USMCA deal.
@somebody2619
@somebody2619 6 жыл бұрын
Cars are and dairy products are the only major industries impacted by Trump's 'renegotiation'
@fardimnazir666
@fardimnazir666 6 жыл бұрын
Who said it's only 'bout cars, ranger?
@two-face1041
@two-face1041 6 жыл бұрын
some body and Who wants to explain NAFTA using milk
@3p1cand3rs0n
@3p1cand3rs0n 6 жыл бұрын
Does anyone else feel really bad about their life priorities because they just want to get one of those cool little model cars now? That looked like fun. 😳
@europeansovietunion7372
@europeansovietunion7372 6 жыл бұрын
Nerd.
@shiskeyoffles
@shiskeyoffles 6 жыл бұрын
I really want to take you on a ride in one of those
@BCJDM
@BCJDM 6 жыл бұрын
I have a few they're Maisto diecast 1:24 scale models. You can find them at hobby shops, crafts stores maybe toy stores.
@alexs1640
@alexs1640 6 жыл бұрын
Lol I thought the same thing. But I wanted a more complicated version. I want the 1000 piece types so I can build half and never finish it
@pasang35
@pasang35 6 жыл бұрын
nope
@rontap7146
@rontap7146 6 жыл бұрын
I like how they say that NAFTA was the 'first major trade deal of its kind' but the EEC (European Economic Community) was already established in 1957.
@jonathanwor
@jonathanwor 6 жыл бұрын
Yeah, withdrawal from American exceptionalism is a few steps further, even for Vox.
@gerritkorditschke8447
@gerritkorditschke8447 Жыл бұрын
German here. They're actually kinda right - the EEC (or EC, as it was later called) was basically what the EU is today. The closest thing we in Europe have to NAFTA is EFTA (between Norway, Iceland, Liechtenstein and Switzerland, founded in 1960).
@ads1021
@ads1021 5 жыл бұрын
I love how you guys toed the line. The entire tone of your video is anti-USMCA yet you narrowly avoid committing to that position by using terms such as "could" instead of terms such as "will". Even if the prices go up initially, wouldn't you expect it to reach some equilibrium just as it did under NAFTA? Also, isn't $16 / hour a good thing? That is a whole $1 / hour more than the $15 / hour liberal activist groups have been fighting for. I would have thought they would welcome this legislation.
@RiggingDoctor
@RiggingDoctor 5 жыл бұрын
Transmissions and Avocados come from Mexico!
@ivanmartinez9632
@ivanmartinez9632 5 жыл бұрын
not only that we are most of your population
@Bryan-bd5kc
@Bryan-bd5kc 5 жыл бұрын
Tomatoes chillies nopales jalapeno too
@jesusnoehernandezrocha1438
@jesusnoehernandezrocha1438 4 жыл бұрын
You're welcome 🥑
@KeybladeMaster64
@KeybladeMaster64 4 жыл бұрын
Rigging Doctor and chocolate lol
@jeffreydevoti8528
@jeffreydevoti8528 4 жыл бұрын
Good comparison...in terms of durability.
@napoleonibonaparte7198
@napoleonibonaparte7198 6 жыл бұрын
Just buy a Corolla. It’ll last a lifetime
@fardimnazir666
@fardimnazir666 6 жыл бұрын
It would've helped you escape Waterloo. What a shame.
@stanlim9182
@stanlim9182 6 жыл бұрын
🎼🎤 "Waterloo , Couldn't escape if I wanted to "🎵. ~Abba
@0000-f1m
@0000-f1m 6 жыл бұрын
Lol I know somone with a 2002 Toyota Corolla
@Derpderpson123
@Derpderpson123 6 жыл бұрын
AE86 AMIRITE
@AdamSmith-gs2dv
@AdamSmith-gs2dv 6 жыл бұрын
Toyota 4runner, just like the old Japanese cars it's still made in Japan and imported. It's not uncommon to see then with 300k miles
@kusumalistya
@kusumalistya 6 жыл бұрын
I clicked for the Mustang die-cast, but stayed for the informative content.
@saintsfearful
@saintsfearful 5 жыл бұрын
Vox doing a pro-outsourcing, anti-union video? This is my shocked face 😐
@alfredoalcantar8691
@alfredoalcantar8691 5 жыл бұрын
saintsfearful unions are bad used to be in one
@leobuckey
@leobuckey 4 жыл бұрын
0:20 "the cost hasn't changed much" I guess 5k is just pocket change to vox
@wolfvonderr4487
@wolfvonderr4487 4 жыл бұрын
5,000 is a 11% increase, which could be a lot or not depending on how much value the car brings to the buyer. At 40K+ levels it is likely most consumers are not price-shopping.
@MrAsh-cw5cq
@MrAsh-cw5cq 6 жыл бұрын
In the end, we always end up paying the price
@Opticillusion160
@Opticillusion160 4 жыл бұрын
in an effort to keep manufacturing jobs afloat so cities like detroit don't end up in ruin... If you have to pay an extra $1000, for a car that will last you 10 years, to keep workers and businesses surviving in this country its worth it.
@Mii.2.0
@Mii.2.0 3 жыл бұрын
@@Opticillusion160 But, Detroit did end up in ruins a long time ago...
@cmcb7230
@cmcb7230 6 жыл бұрын
I once worked with a guy that had previously worked in a Cadillac plant back in the 80's. He got paid $18 an hour to move a vacuum cleaner from one cell to another along the production line. All he said he did was move the vacuum cleaner somebody else got paid more than he did to turn the thing on and use it!
@spacemanapeinc7202
@spacemanapeinc7202 6 жыл бұрын
I remember when you guys explained Nafta with an avacado.
@orsonwood8725
@orsonwood8725 3 жыл бұрын
"first deal of the kind" *European Union blinks in trade deals
@gerritkorditschke8447
@gerritkorditschke8447 Жыл бұрын
Well, the EU is more of a supranational political union and less of a trade deal. Greetings from Germany.
@ideaquest
@ideaquest 4 жыл бұрын
You get a feeling there is an agenda in this video. A straw man argument.
@eavyeavy2864
@eavyeavy2864 4 жыл бұрын
No
@mrobject9113
@mrobject9113 4 жыл бұрын
You get a feeling there's an agenda in your reply....
@loftisjason6936
@loftisjason6936 4 жыл бұрын
NAFTA is a job killer and it’s more than just auto....(steel mills) and many more
@elvergalarga3182
@elvergalarga3182 5 жыл бұрын
I want to see people's reaction when companies go full autonomous in a couple of years.
@michaelgray1803
@michaelgray1803 4 жыл бұрын
Me who's going to buy their products
@krashd
@krashd 4 жыл бұрын
@@michaelgray1803 The same folks that already buy products.
@aaronthenorm5400
@aaronthenorm5400 Жыл бұрын
2023 here; you bought the tripe! Now you see it as it is; I hope!
@kordellswoffer1520
@kordellswoffer1520 Жыл бұрын
Good luck seeing as they can’t and there’s no advanced technology on the planet capable of fully replacing a human in a factory and until we make androids it won’t ever exist.
@harbirgrewal4372
@harbirgrewal4372 Жыл бұрын
They only save $1,200 per car? They destroyed thousands of jobs, Ruined their high quality image, Gave up the car market to foreign brands with only a 2% tariff, all for only $1,200 per car.
@akzebraminer
@akzebraminer 4 жыл бұрын
While Tesla produces everything in the US. Why can’t everyone just switch to building everything in America?
@20thReality
@20thReality 4 жыл бұрын
Because cars would be more expensive. They said it in the video.
@notforever123
@notforever123 4 жыл бұрын
Laziness
@goodguy1726
@goodguy1726 4 жыл бұрын
Cars would cost much more. We have strict epa rules on manufacturing which pushes companies to manufacture in other countries to save on labor and EPA regulations
@micuentaparaforosycosas3484
@micuentaparaforosycosas3484 4 жыл бұрын
The cost of the salararies 🤑
@RohanDaDev
@RohanDaDev 4 жыл бұрын
Because there aren't many moving parts in Tesla vehicles compared to other ones, and considering the price of the tesla battery it's actually cheaper to produce Tesla vehicles domestically than abroad. But tesla is litteraly the only exception.
@deborahwood9304
@deborahwood9304 6 жыл бұрын
I will never cease to be amazed how many people don't examine the minutia before reacting so negatively to some things.
@domstano1
@domstano1 4 жыл бұрын
“And you know airbags” I lost it after that lol
@Checkyoselfb4
@Checkyoselfb4 6 жыл бұрын
think this is the first video in ages i’ve watched without a tiktok add 😁
@thejesuschrist
@thejesuschrist 6 жыл бұрын
interesting af, thanks for the enlightenment
@jordangreen7886
@jordangreen7886 6 жыл бұрын
Jesus Christ damn you were deep in the comments I think I’m the only one that found you
@Yalikejazzboi
@Yalikejazzboi 5 жыл бұрын
Hi Jesus
@ronensalathe
@ronensalathe Жыл бұрын
huh its jesus christ
@RellekEarth
@RellekEarth 6 жыл бұрын
Very informative! Thank you for this. I do agree that by the time that NAFTA was in full effect, automation was just starting to ramp up. So this provided manufacturers with a double prize: lower production costs and fewer workers to pay when automation was able to fill that labor. I think it was just an unfortunate coincidence that ultimately caused nafta to be blamed for these economic issues. In reality, a new deal would disrupt the flow we have now, make prices higher due to tariffs, deter foreign trade due to higher production costs and, to top it off, would not stop automation from playing huge role in the means of production.
@trenchtierstudios554
@trenchtierstudios554 5 жыл бұрын
The one problem with NAFTA was that it killed a lot of manufacturing jobs in the US. Some industries like the car industry weren't affected as much due to the complexity and resources needed to create such an item. Other industries weren't as fortunate. In my home town we lost the Mead plant ( which made folders and trapper keepers for kids Lost to Mexico), Stetson hat plant ( one of only two plants that was in the US. Now there is only one plant in Mexico.), jean plant (forgot the brand. Lost to Mexico), and about three other production plants to Mexico. When people complain about NAFTA; this is what they meant; losing tons of production jobs to Mexico while small blue collar towns are left with nothing. I know that eventually mechanization would of put some of the people out of work; yet others would of been trained on how to operate said machinery and be able to keep their jobs. Yet the US lost tons of blue collar jobs right after NAFTA and started the mass killing of the middle class.
@exoendo
@exoendo 6 жыл бұрын
"could": 5:26, 5:50, 6:18 "might/maybe/may": 3:46 6:07 lots of weasel words in the last two minutes.
@petyrbaelish2000
@petyrbaelish2000 5 жыл бұрын
Your comment is so underated; more ppl should point out these tricky word games
@cyberintervention
@cyberintervention 6 жыл бұрын
I love the part where they explain how workers are dramatically underpaid/child labour/destruction of the economy due to the outsourcing of jobs :/
@smloneshahid
@smloneshahid 6 жыл бұрын
Please VOX make a video on 2008 financial crises, What was it, how it all started and how it ended. Thank you.
@scottclute9547
@scottclute9547 4 жыл бұрын
This video is not true...the speedometer is made by BOSCHE in South Carolina!!!
@jsmn5059
@jsmn5059 5 жыл бұрын
I appreciate the clarification on the benefits of NAFTA for North American car manufacturing. What I would like is a breakdown of the economic, environmental and social costs/benefits of free trade for other industries - agriculture, apparel manufacturing, tech, etc. If Vox could do a series of explainers compiling research on the effects of free trade in distinct industries, for distinct groups of people (Mexican farmers, Jamaican clothes factory workers, U.S. middle class consumers, etc.), that would be great.
@TheSinfoniac
@TheSinfoniac 6 жыл бұрын
I can barely afford tacos
@funny-video-YouTube-channel
@funny-video-YouTube-channel 6 жыл бұрын
*Cooperation and trade is good.* If cooperation is happening than the creation of value can happen. There is no cooperation, if the world is competing against itself.
@professorplum72
@professorplum72 4 жыл бұрын
Cooperation is great. Until you’re the biggest loser.
@Will-nb8qk
@Will-nb8qk 4 жыл бұрын
Professor Plumm: How do you become the biggest loser?
@JasonMichaelAnderson
@JasonMichaelAnderson 6 жыл бұрын
Wow, this might be a first where I actually agree with Vox.
@MrDanielfff777
@MrDanielfff777 3 жыл бұрын
Same
@goobermcgilicuty3754
@goobermcgilicuty3754 5 жыл бұрын
get both sides of a story and never trust a video that use the word likely, it just means they dont know but have an agenda
@naomiiyt2435
@naomiiyt2435 6 жыл бұрын
My Global teacher told me to watch this during winter break lol
@djmixer9135
@djmixer9135 5 жыл бұрын
Kudos to vox for always adjusting for inflation
@michaelmartin2150
@michaelmartin2150 6 жыл бұрын
3:21 ya car manufactuing has gone Up since Nafta, even though our fancy graphs we throw at the screen for two seconds show that if anything it has gone down for at least the US and Canada
@RobbieBackpacking
@RobbieBackpacking 6 жыл бұрын
Now if we could only fix healthcare prices...
@wuznab5109
@wuznab5109 6 жыл бұрын
“MCA... sorta, just... works” ~Trump~
@Mars-rl1vt
@Mars-rl1vt 6 жыл бұрын
Actually respect VOX for being not bias in this video.
@akashkanodia1408
@akashkanodia1408 5 жыл бұрын
It was important for me for the exam prospective and this video explained in an amazing way thanks for that
@hhhieronymusbotch
@hhhieronymusbotch 6 жыл бұрын
"Vox: flushing old fashioned left wing values down the pooper so our boss can save some money on a prius"
@msergio0293
@msergio0293 6 жыл бұрын
You all know what would solve this problem? More guns!
@f4tornado450
@f4tornado450 6 жыл бұрын
5:39 That would also mean 276,000-690,000 fewer metric tons of CO2 going into the atmosphere
@recoveringnewyorker2243
@recoveringnewyorker2243 5 жыл бұрын
“NAFTA will stop illegal immigration”. As Dr Phil would say “Hows that workin’ for ya?” When NAFTA was first proposed I was all for it. I wanted to see Mexico become a bustling technologically advanced economy with a thriving middle and upper class and an up-and-coming lower class who could buy things from us. Then I read the details and was thoroughly against it. Mexico has a poverty rate of 46%! Many of the workers building those cars in Mexico cannot afford to buy them! NAFTA is nothing more than exploitation!
@THEGAMINGHELP101
@THEGAMINGHELP101 6 жыл бұрын
Omg Vox actually made a video that is good and not full of lies
@valdemar-q7n
@valdemar-q7n 6 жыл бұрын
Thanks for including sources. PragerU has a lot to learn.
@Andy-em8xt
@Andy-em8xt 4 жыл бұрын
3:11 That's pretty disingenuous. As you can see on the graph it's stagnated, collapsing and then recovering out of a recession. But after 24 years there was virtually no change in vehicle production at a time when there were great increases in overall vehicle sales. I would not call this a success story.
@dking1836
@dking1836 4 жыл бұрын
And to complicate it, they mentioned the back up cameras, air curtains, etc. so you're comparing two different levels of vehicles that happen to have the same name. And the market is different, how many car companies are there today selling cars? Gasoline, hybrid, electric? If consumers did the math, electric cars aren't worth the money, hybrids are better, etc. Then again in California, with gas about twice as high as anywhere else, it's different math; buy nobody asks why it's so high...
@JuanJimenez-eb6vu
@JuanJimenez-eb6vu 6 жыл бұрын
2:04 she said we performing miracles. she probably means low wages in Mexico
@ColorMaster123
@ColorMaster123 6 жыл бұрын
i like how lady in the video says WILL LIKELY a lot but every time she says it she actually means APSOLUTLY WILL
@risingsun8609
@risingsun8609 6 жыл бұрын
The USMCA is a good thing to be honest. It will make new jobs, new industry and new innovation in the North America.
@seankaminsky6578
@seankaminsky6578 6 жыл бұрын
3:12 Canada isnt producing more cars then before.....
@kuyachamp7618
@kuyachamp7618 6 жыл бұрын
What am I doing here, I'm not even American
@judebruwuh7030
@judebruwuh7030 6 жыл бұрын
Yes you're from mars
@mxferro
@mxferro 6 жыл бұрын
Lucky you...
@originalgangsta5462
@originalgangsta5462 4 жыл бұрын
I'll bet the car companies paid for this add
@frankbauerful
@frankbauerful 6 жыл бұрын
I love that little Mustang.
@Reinhart_Drone_Service
@Reinhart_Drone_Service 5 жыл бұрын
that mustang is beautiful
@randomperson3051
@randomperson3051 5 жыл бұрын
^.^
@colesmith9466
@colesmith9466 6 жыл бұрын
For people that don’t understand NAFTA this video is extremely false. I recommend you do some fact checking
@scottcooper7097
@scottcooper7097 4 жыл бұрын
Do you really want to trust your life, and the lives of your family, in an automobile put together by the lowest bidder?
@faelapis8780
@faelapis8780 6 жыл бұрын
hey vox, voxxy, voxxaroni, could we do a re-do of this video that doesn't put the needs of the industry above the needs of the workers, and doesn't present neoliberal free-trade as an objective good and anyone else as reactionary? maybe in a way that doesn't conflate right-wing hatred of mexico with leftists with genuine concern about workers' rights? that ok, voxxy?
@ethanfast971
@ethanfast971 5 жыл бұрын
👏👏👏👏👏👏👏👏👏 a comment i can get behind
@JeepLove
@JeepLove 5 жыл бұрын
Seriously! Thank you! Exactly
@spectacularspaghetti1849
@spectacularspaghetti1849 4 жыл бұрын
This must be the first time i agree on something with Trump...
@_baller
@_baller 4 жыл бұрын
Cars are too expensive today because incomes are stagnant...
@Twister-V1
@Twister-V1 4 жыл бұрын
yes this is why we should remove tax loophole and increase the minimum wage like other nations did
@aliens566
@aliens566 4 жыл бұрын
@@Twister-V1 yes lets boost automation
@kotoko4403
@kotoko4403 5 жыл бұрын
Nepal with 200%+ tax on importing cars: Am I a joke to you?
@samuelthornton9179
@samuelthornton9179 4 жыл бұрын
Nepal doesn't have highways there so cars don't affect people as much.
@trianonalex
@trianonalex 5 жыл бұрын
*Just Combine Ford Dodge and GM In to One SuperPower* 😀
@aswomehalodude
@aswomehalodude 4 жыл бұрын
dodge can stay out, and gm is on thin ice
@whoosh7977
@whoosh7977 4 жыл бұрын
Trump: Breaths Vox: Thats bad Biden 2 years later: I admit USMCA is better than NAFTA
@mpersand
@mpersand 3 жыл бұрын
I feel like Vox needs to watch more "NAFTA Explained", and "USMCA Explained" videos on youtube.
@kkbrandtcom
@kkbrandtcom 6 жыл бұрын
Good move. At the end of the day, “consumers have to pay the price”. To _consume_ has to be expensive.
@Xantheinee
@Xantheinee 6 жыл бұрын
3:00 “woooooo”
@Sombomombo
@Sombomombo 6 жыл бұрын
Mass transit focus?
@goodguy1726
@goodguy1726 4 жыл бұрын
Much of it can be blamed on EPA regulations. It costs manufacturers a fortune to stay in compliance
@Matt-fl8uy
@Matt-fl8uy 4 жыл бұрын
Remember that prior to the EPA, the US had rivers that were so polluted they would repeatedly catch on fire.
@goodguy1726
@goodguy1726 4 жыл бұрын
@Kenneth Holler im just stating why manufacturers have moved from the US. How much do you really think we are saving the planet when China is polluting at the rate they are? Not to mention other countries. So wouldn't it he smarted to somehow make it more affordable for manufacturers to meet requirements rather than just go pollute in china and help China's economy? The pollution is not going to stay confined to other countries. Not to mention imports have led to the death of most of the ash trees in the midwest. We need to find a balance to be environmentally conscious yet profitable for manufacturers to keep jobs and revenue in the US
@alexanderchristopher6237
@alexanderchristopher6237 4 жыл бұрын
mike taylor yeah, but those measures costs money to the manufacturers. I mean, if treating industrial wastes costs them $1000 per day, then laws that told manufacturers to do that would cost them $1000 per day at the benefit of the environment not being polluted. Getting rid of that law means that the companies can save $1000 per day at the expense of the environment, because they don’t have an incentive to preserve the environment. And you haven’t even considered wages or the labor unions yet. Those things, in my opinion, killed manufacturing even more than the EPA.
@OPMatar
@OPMatar 6 жыл бұрын
To everyone here commenting "Fewer cars? Good!", I trust you don't own a car, and don't ride in private vehicles (including ride-share).
@robertellis3007
@robertellis3007 3 жыл бұрын
"first major trade deal of its kind" *ignores the history of the EU*
@jokerwick
@jokerwick 5 жыл бұрын
Globalism: Decimates the working class White Liberals (Vox): Um actually globalism is totally good!
@cottontheeastercottontailr265
@cottontheeastercottontailr265 5 жыл бұрын
Fun fact: USMCA is called CAMPS in Canada
@jennabm
@jennabm 5 жыл бұрын
Cotton the Easter Cottontail Rabbit What’s that stand for? Ive never heard it called that
@erickhernandezmorales7564
@erickhernandezmorales7564 4 жыл бұрын
And TEMEC in mexico
@samburumayor
@samburumayor 9 ай бұрын
I thought it was CUSMA in Canada
@flora_76
@flora_76 6 жыл бұрын
2.55? LOL we pay 60% for goods made outside our country americans don't know how good their life is
@hamcrazy96
@hamcrazy96 6 жыл бұрын
Everyone lives too good to be honest🤷🏽‍♂️
@FlynTie
@FlynTie 6 жыл бұрын
@@hamcrazy96 Nah buddy, the sentence should be, everyone should live as good as we/I do. Why degrade yourself to lower life-standards if lifting others up would be better for you and everyone else?
@nutlover3609
@nutlover3609 6 жыл бұрын
Americans are fat and lazy. They are digging them selves into a hole
@mrbrainbob5320
@mrbrainbob5320 6 жыл бұрын
@@nutlover3609 Americans are the hardest working people compared to other western countries
@swaggy3987
@swaggy3987 5 жыл бұрын
We’re going in the opposite direction as a country when we try to get back jobs for people for things that can and should be automated The solution is not to remove automation. Its to move to more skill-based jobs and better education so that future generations have more skills that can be applicable in a new world where humans don’t have to do the labor that robots can do for them
@onegoodturngetsmostofthebl7499
@onegoodturngetsmostofthebl7499 4 жыл бұрын
Interesting article. As I’ve stated in many automobile writers KZbin Channels - what galls me as a consumer is significantly increased automotive purchase pricing, while at the same time an inverse effect on product quality. I’d gladly pay Ford or GM full MSRP on a new 2020 Diesel HD Truck, if that unit came with a ten year bumper to bumper warranty. In other words you can’t complain about job losses due to rising labour costs, while year-over-year inflating your sale price, and cutting quality.
@lescobrandon9772
@lescobrandon9772 4 жыл бұрын
This doesn't seem to jive with what I see around me. There was a serious textile industry hit. Are there more nudists now?
@legostarwars1361
@legostarwars1361 4 жыл бұрын
THE G20 SHOULD JUST BAN TARIFFS ALTOGETHER
@zavery_johnson
@zavery_johnson 6 жыл бұрын
1 like = 1 Dab for a North American Union.🙅‍♂️
@aalleexx284
@aalleexx284 5 жыл бұрын
So, in conclusion. Mexico is not paying for the wall.
@charliebrown9489
@charliebrown9489 2 жыл бұрын
Thanks Donald
@johnyboyjusto
@johnyboyjusto 6 жыл бұрын
I love how tesla is safe from nafta and is even going to make a plant in China 100% own by them .
@TojikCZ
@TojikCZ 6 жыл бұрын
Yay fewer cars
@slyfoxcooper4623
@slyfoxcooper4623 6 жыл бұрын
Not really 17 million were sold over the year so 60 to 120 thousand is really not much in the big picture hear bud
@sayyiddaffam6822
@sayyiddaffam6822 6 жыл бұрын
Not really. People would still buy old cars which produces more emmisions.
@TojikCZ
@TojikCZ 6 жыл бұрын
When i try to open a discussion noone replies, when im being stupid i get two
@slyfoxcooper4623
@slyfoxcooper4623 6 жыл бұрын
@@TojikCZ your opinion man but I am stating a fact tho
@TojikCZ
@TojikCZ 6 жыл бұрын
And i agree
@jackjones7665
@jackjones7665 6 жыл бұрын
Hmmm....what about the national average income or net worth?
@vladniculae6114
@vladniculae6114 6 жыл бұрын
Net worth of what? NAFTA/USMCA? I doubt anyone can calculate that without foreseeing the future. And the national average income doesn't really show anything with income inequality out there. Maybe GDP per capita is more reliable, though it's considered just an estimation tool, rather than an indicator for the quality of life. Anyway, none of these can be directly correlated to NAFTA or USMCA. There are simply too many variables in the game.
@jackjones7665
@jackjones7665 6 жыл бұрын
@@vladniculae6114 People's savings, real estate, mortgages and liens are an indication of net worth. The middle class population is a good indication of the effects of NAFTA and it's adversity to the domestic manufacturing industry.
@MrRostit
@MrRostit 6 жыл бұрын
We live in a world a cities that cannot sustain any more cars and companies are looking to increase their sales, it's sad to see our future being compromised by corporate greed
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