Insourcing from . . . Mexico?

More, faster, please:

The media cliche is that free trade has sent U.S. jobs south to Mexico and overseas to China. But the boom in U.S. energy production, creating cheap fuel for manufacturing, has foreign investors thinking more about creating jobs in the U.S. Raul Gutierrez, who leads Mexican steel producer Deacero, tells us that, thanks to cheap energy, the U.S. is becoming more competitive as a place to manufacture. His company produces and sells on both sides of the border and he says that the U.S. is an attractive place to do business. Meanwhile, he’s urging his compatriots to end the government-enforced monopolies that have kept prices high for electricity and other industrial inputs south of the border. In urging Mexicans to embrace competitiveness reforms, he adds: “We need a free trade agreement with ourselves.”

As Don Surber says, GOOD.

Linked to by Cherokee Gothic. Thank you!

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One Response to “Insourcing from . . . Mexico?”

  1. “We need a free trade agreement with ourselves” | Cherokee Gothic Says:

    […] to one of my favorite blogs, Fausta’s Blog, for alerting me to this […]