Free Trade is Unsustainable!

                                                       By Wes


Free trade is currently unsustainable. The way it is set up, bigger, more developed countries are trading with each other- growing and prospering while the poor countries are left in the dust. A new model of free trade needs to be implemented, like the one describes in your proposal. A system in which ALL countries are actively trading with each other. Free trade has the potential to allow smaller, less developed countries to catch up the more developed countries. This proposal: 9 out of 10.

 

 

 

Benefits

      NAFTA created the world’s largest free trade area, linking 444 million people and producing $17 trillion in goods and services annually. Estimates are that NAFTA increases U.S. GDP by as much as .5% a year. Trade between the NAFTA signatories tripled, from $297 billion in 1993 to $1 trillion in 2007. Exports from the U.S. to Canada and Mexico grew from $142 billion to $452 billion. Exports from Canada and Mexico to the U.S. increased from $151 billion to $568 billion. Free trade benefits poor countries, the WTO says that free trade allows the poorer countries to catch up with the more developed countries.Many people already support free trade. Despite their income levels, more than 50 percent of U.S. citizens support free trade:

           Under $50,000 income 60%

     $50-$100,000 income 70%

           Over $100,000 income 82%

 

Benefits

      NAFTA created the world’s largest free trade area, linking 444 million people and producing $17 trillion in goods and services annually. Estimates are that NAFTA increases U.S. GDP by as much as .5% a year. Trade between the NAFTA signatories tripled, from $297 billion in 1993 to $1 trillion in 2007. Exports from the U.S. to Canada and Mexico grew from $142 billion to $452 billion. Exports from Canada and Mexico to the U.S. increased from $151 billion to $568 billion. Free trade benefits poor countries, the WTO says that free trade allows the poorer countries to catch up with the more developed countries.Many people already support free trade. Despite their income levels, more than 50 percent of U.S. citizens support free trade:

           Under $50,000 income 60%

     $50-$100,000 income 70%

           Over $100,000 income 82%

 

 

Risks

     This new free trade policy MUST include all countries, not just a few. “Trade has been a cornerstone of our growth and global development. But we will not be able to sustain this growth if it favors the few, and not the many. Together, we must forge trade that truly rewards the work that creates wealth, with meaningful protections for our people and our planet. This is the moment for trade that is free and fair for all.” –Barak Obama, Speech in Berlin. Trade currently and in the past has led to countries trying to undermine the system and ‘cheat’. “If we continue to let our trade policy be dictated by special interests, then American workers will continue to be undermined, and public support for robust trade will continue to erode…Allowing subsidized and unfairly traded products to flood our markets is not free trade.” –Barak Obama, Speech in Flint, MI. The new system will not work if it costs the U.S. jobs; 64% of Americans do not approve of free trade if it compromises U.S. industries.

More financial help should go to less developed countries to help the start up free trade agreement with bigger countries. Developed countries should sign FTAs with the LDCs to help them catch up to the rest of the global economy. You can support, join and learn more about the WTO here.

    

EDUCATION    

                                                          By Stephen

     The education part of this proposal wouldn’t really work out that well because of costs are too high and the way it would drastically affect resources so I give the proposal a 6 out of 10. Education is a key factor in fighting poverty, but eliminating the upper and lower class and creating one middle class will significantly drain all the limited resource faster.

We should develop an education system that help gives structure and food to communities at the same time. We should also take into account so of the environmental and energy aspects before creating a global middle class.

     

     The proposal for a high level of education for everyone is a good thought but the cost of it would be enormous. In Africa it costs $25,337 for each school that is built by the Schools for Africa Organization. Transportation would also be a key factor in developing a high level of education for students. The U.S. spends about $854 per student just for transportation alone. If everyone got rid of the upper and lower class it would be difficult to supply the demand for the now numerous middle class. The earth also could not last very long with it being drained of its resources so quickly unless we discovered some new source of energy. The oil reserves are said to last from 60-90 years at the currant rate of consumption. If we had the world as an entire middle class, that 60-90 years would be significantly reduced. Education is needed for getting out of poverty and healthy for these people, but getting rid of the upper and lower class I do not believe would work out. For high level education the governments are going to need to reform and so will there economic structure to fit the demand for new jobs