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. . . .

I disagree. While there many valuable resources could be acquired with the NAU, I don’t think the benefits in America would overcome the cons. While I am no trade expert, I realize one difference between the EU and the proposed NAU. In Europe, most of the countries in the EU are similar in both industrialization and economically. In the NAU, America would by far be the superior. I’m afraid that the NAU would drain America’s economy to help out the much poorer nations to our south. Then again, I don’t pretend to know anything about trade so I could be completely wrong.

__________________
"Those who stand for nothing fall for anything." Alexander Hamilton

The price good men pay for indifference to public affairs is to be ruled by evil men.
Plato

I'm not an economic expert but I don't think it's that black and white. Companies that outsource jobs oversees bundle money usually in the form of royalties in order to avoid taxes. Many foerign countires have implemented value added tax and other taxes in order not too get screwed. If these barriers were gone, companies would have more incentive to outsource to Mexico rather than Asia, etc. The Union would also make Mexico less corrupt becuz there will be extras bodies with power keeping an eye on them. And yes I know there are other reasons for outsourcing besides cheap labor and taxes.

If I'm not mitaken, the EU is tax free trade for all countries within but considerably higher taxes on imports.

Well one thing is for sure, we could sure use some of that oil.

__________________
"Those who stand for nothing fall for anything." Alexander Hamilton

The price good men pay for indifference to public affairs is to be ruled by evil men.
Plato

Yes Yes Yes Yes it would be a bad thinkg I should not have to explain my stance (ya'll probably know it by now) but will if you want.

__________________
People should not be afraid of their governments. Governments should be afraid of their people.
http://www.youtube.com/watch?v=vp92vkXcC0w

All is not rosy with the EU. Like most things it sounds good in theory, but practice is amother story. Here it probably work with Canada, but to bring Mexico into it would just bring us down.

__________________
Gun control WORKS! That's why it is so safe to walk the streets of L.A., Chicago, and D.C. at night.

A North American union would not be the best of ideas because:
1: There are LOTS of undeveloped countries in North America. Only Canada and Mexico would be members of this exclusive "union".

2. NAFTA. Think about it.

3. The US and Candadian money is worth WAY more than the other countries'. Don't screw them over when they are doing just fine.

__________________
"I have come to the conclusion that politics is too serious a matter to be left to the politicians."
---Charles de Gaulle---

"The pioneers of a warless world are the youth that refuse military service."
---Albert Einstein---

A village in Texas has lost it's idiot.

http://www.greenpeace.org/

The EU had problems with currency exchanges. The German mark was the strongest currency in Europe and the Germans lost big time when everyone converted to the Euro.

Rob, the Germans didn't really loose: One USA dollar was originally worth one Euro back when the Euro came out. That was a 1 for 1 trade difference. One USA dollar was equal to about 1.5 Marks. The Euro was actually worth more than the Mark, and now the Euro is on a runaway train to blow the USA dollar out of the water. One USA dollar now equals .77 Euro. The Euro was actually a smart move for the Germans. The British, on the other hand, made a smart decision to keep out the Euro. One USA dollar equals about .52 pounds or so.

Also, just a neat fact: A friend of mine from Hamburg recently told me that lots of the older folks in Deutchland still recalculate Euro figures into Marks so they can comprehend it better. Stores still advertise their prices in both curriencies in some places. So much for doing away with the old and bringing in the new.

__________________
"I have come to the conclusion that politics is too serious a matter to be left to the politicians."
---Charles de Gaulle---

"The pioneers of a warless world are the youth that refuse military service."
---Albert Einstein---

A village in Texas has lost it's idiot.

http://www.greenpeace.org/

If the NAU works half as well as NAFTA, it's certain to be a hit.