Would a North American Union be a bad thing?
With all the talk of a NAU, I wonder if it would neccessarily be a bad thing?
It has worked out pretty well for the EU. What would be the pro's of a NAU?
I would say:
1. Better security throughout NA.
2. Trade barriers brought down.
3. Self-sufficiency. This is very important especially in worse case World War Scenerio.
4. More opportunity with Monetary policy. Amero's could be the stable currency traded on the market while local currencies such as the dollar oculd be inflated to stimulate the economy.
5. Jobs would stay in NA rather than moving less stable parts of the world.
6. Increased resources. Mexico's oil & Labor, USA'a agriculture, finance, & Technology, Canada's Beer!
What are the cons?
1. Wages. It's a possibiity wages would go down but not certain. If companies outsourced to a more stable Mexico rather than Asia this would be reduced.
2. More Beuracracy. One more layer to go through and more potential conflicts or gridlocks.
3. It's possible our consititution could be overridden although this hasn't happened in the EU.
All in all, I would have to say there are more pro's than con's and most of the con's are circumstantial. I think ultimately it would have to come down what kind of legislation they decide to bring with it. If it was ran like the EU, I would likely support it.
I await your opinions. . . .
