Free Trade has been real good to the RGV. (real good!)
Lots of businesses, lots of homes, entertainment, lots more of "everything"
,
all new growth.
Suck for middle america though?
All those little nicknacks parts metal stamped fastners or plastic injected mold
that you order to replace parts comes from the Mexican border and free trade.
The guts are made in Mexico,
but the entire "t.v., radio, watch" is assembled in the U.S.
"tah dah" Made in U.S.A.
And as long as the parts don't go beyond the "Free Trade Zone" there are no tariffs on either country.
Cheap labor on one side, the Name and logo and prestige on the other.
Looks like they want to tap into the resourse of more "Human Capital"
With the cheap products, so come the displaced people.
Analysis: More Shakira, Less Selena