Everyone Has Got His Own Spin
Opponents claim NAFTA will cause what Ross Perot calls “a giant sucking sound” as American jobs are siphoned off to low-pay Mexico. Many economists expect the agreement to produce moderate job growth in both countries. Dramatic economic and trade liberalization has been undertaken by the government of President Carlos Salinas de Gortari. Already, nearly three quarters of all Mexican exports to the United States cross the border duty-free, and no giant sucking sound has been heard yet....