So any thoughts on "New NAFTA", er the USMCA? Better or worse than New Coke?
Seems good that it got done, at least. The markets like it so far this morning.
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So any thoughts on "New NAFTA", er the USMCA? Better or worse than New Coke?
Seems good that it got done, at least. The markets like it so far this morning.
I would say I'm cautiously optimistic, but without reading the specific details I can't really comment too definitively. Has a detailed account of the provisions been published yet? Most of what I can find is Trump administration officials saying it is great.Quote:
Originally Posted by GoMuskies
Does it address the Wage Gap?Quote:
Originally Posted by GoMuskies
Not sure if this is what you are referring to, but from the WSJ:Quote:
Originally Posted by bigdiggins
"New rules would require at least two-fifths of a vehicle that is eligible for duty-free trade in North America to originate from workers earning at least $16 an hour. Think of it as a cap on the amount of parts coming from low-wage Mexico. But companies get credit for high-wage research and development."
Not good enough. Corporations are getting credit for research and development jobs. How will the people actually building the cars ever afford one.Quote:
Originally Posted by GoMuskies
Car prices for reliable safe cars are insane, the secondary market for quality cars that will last is equally insane. I know after doing research on a family friendly vehicle for my wife. We have twins coming and her civic isn't going to cut it.Quote:
Originally Posted by bigdiggins
Congratulations on the twins...mine are 2. The first year is rough....everyone said it would get easier, it did.Quote:
Originally Posted by ArizonaXUGrad
Car prices are insane and I believe there is room here for the next big disruptor....whoever comes up with it, is going to be a very rich person.
It's going to be self-driving cars that individuals don't own. All those three car garages in my neighborhood are going to have more room for storing random crap.Quote:
Originally Posted by Xville
That certainly is the prevailing thought.Quote:
Originally Posted by GoMuskies
I'll echo this. I also have twins (2.5yrs old now) and a 4.5 year old - all boys. Twins are tough for a while, but it's great when they get a little older and start becoming best friends.Quote:
Originally Posted by Xville
I also agree about car prices. My company leases me a Subaru Outback which is very safe and a pretty decent car, but not cheap. I would recommend it though. We own a Toyota Sienna that we like but it was like $35K new for a well equipped, but not loaded, model. Essentially there is no such thing as a safe, reliable, family car for under about $30K it seems, and you don't get that much of a break for buying used. The prices for midsize and large SUVs are just ridiculous. I have a hard time paying that much for an asset that depreciates that quickly.