🚀 go-pugleaf

David............ says...
>   Thompson Electronics is the owner of RCA.  They are moving because
>they are losing money trying to compete with other companies that are
>using the NAFTA agreement to import their less expensive TVs into the
>USA.

Thompson Electronics is a French company that has been in financial trouble for 
many years due to bad management and French government restrictions intended to 
maintain employment in France. It is highly questionable to blame NAFTA for 
this move as the company was losing money due to many other causes. Indeed, 
without NAFTA it is reasonable to assume that they would have simply shut down 
the plant or moved it to Asia. With NAFTA some of the money is coming back to 
the USA in the form of Mexican shoppers. The NAFTA plants are all located just 
across the border and the workers frequently shop in the USA because there are 
more shopping centers in the USA and they can afford to shop in the USA.

-- 
                              Danny Low
                                HP NSD 
                           Danny_Low@hp.com
             "The only good vampire is a dead vampire"