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Thursday, June 30, 2016

Free trade works..... for third world economies

Jim Hightower: Souring Chicago's Sweet Treat

"Taking the NAFTA low road, they intend to move the iconic Oreo brand — and the jobs of 600 top-quality bakery workers — from Chicago to Mexico, where the minimum wage is a bit more than $4. Not per hour, but per day.
This is the tyranny of corporate globalization in action. In 2012 Kraft Foods split off its grocery business, which retained the Kraft name, and rebranded its remaining snack-food empire as Mondelez International, which includes Nabisco and its many brands including Triscuit, Planters nuts, Ritz crackers, Chips Ahoy and Oreos."

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