A Quote by Vicente Fox
The real end winner of NAFTA is going to be Mexico because we have the human capital. We have that resource that is vital to the success of the U.S. economy.
Related Quotes
Sky Harbor may be a city airport, but it's an Arizona vital resource used by citizens all over the state, and our economy is dependent on its success.
If NAFTA goes away, it's not the end of the world. It certainly is not the end of trade between Mexico and the United States.
I think Canadians, by and large, during the American election, every time Donald Trump talked about NAFTA, we felt that he was talking about Mexico. Now, if Donald Trump tears up NAFTA, there is still a Canada-U.S. Free Trade Agreement. And we all assume that we will revert back to that agreement, which is essentially the same as NAFTA except Mexico is no longer at the table. I think, you know, that is what we are hoping for.
Well, the sugar guys have been dealing with NAFTA ever since it passed. Now we've got Mexico dumping sugar that's subsidized by the Mexican government into our market in violation of the World Trade Organization, because NAFTA gave them open access to our sugar market. They claim they're not subsidized, but the government owns half the industry in Mexico.
The central position of finance capital is going to come to an end, and it's going to steadily move to the sides, the margins of our society, transformed from being a master into a servant, a servant to the productive economy and of human needs.
If what is on the table is something that is not good for Mexico, Mexico will step away from NAFTA.
Since NAFTA was put in place, Mexico has lost 1.9 million jobs and most Mexicans' real wages have fallen.
In todays economy, the most important resource is no longer labor, capital or land; it is knowledge
We are now heading down a centuries-long path toward increasing the productivity of our natural capital - the resource systems upon which we depend to live - instead of our human capital.
I am going to renegotiate NAFTA. And if I can't make a great deal - then we're going to terminate NAFTA and we're going to create new deals.
The ultimate resource in economic development is people. It is people, not capital or raw materials that develop an economy.
Water is a finite resource that is essential in the advancement of agriculture, and is vital to human life.
We also discussed [with the President of Mexico] the great contributions of Mexican-American citizens to our two countries, my love for the people of Mexico, and the leadership and friendship between Mexico and the United States. It was a thoughtful and substantive conversation and it will go on for awhile. And, in the end we're all going to win. Both countries, we're all going to win.
We know from drafts that the Donald Trump's administration has circulated on Capitol Hill, there are a few things they would like to change about NAFTA. They would like to, for example, have the ability to impose tariffs just because imports are surging from Canada or Mexico, not necessarily because they're being sold unfairly. They want more freedom to use our countervailing the subsidy laws against Canada and Mexico.
The financial doctrines so zealously followed by American companies might help optimize capital when it is scarce. But capital is abundant. If we are to see our economy really grow, we need to encourage migratory capital to become productive capital - capital invested for the long-term in empowering innovations.
In the emerging global economy, everything is mobile: capital, factories, even entire industries. The only resource that's really rooted in a nation--and the ultimate source of all its wealth--is its people.
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