Word: mexicanization
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...regard to U.S.-Mexican relations, economists, businessmen and unionists can and do argue endlessly over a long list of topics. Will an accelerated movement of American factories to Mexico to take advantage of lower wage rates occur at all, or will it be discouraged by such factors as higher U.S. productivity and poor Mexican transportation facilities? If there is such a movement, will it be offset by higher exports to Mexico of products like computers on which high Mexican tariffs will be eliminated? Will American plants in fact gain an incentive to stay home, because Mexico will have to repeal...
...passion? Partly because in a recovery that has left many Americans still fearing layoffs -- or fearing they will never be recalled from layoffs -- any further threat to employment, real or fancied, hits a raw nerve. That effect is aggravated because the workers who might lose out to low-wage Mexican competition know who they are, or think they do, while the 12 additional people who might be hired next year by a computer maker to put together more PCs for export to Mexico have no idea that might happen. Then too, there is a vague feeling that...
...move toward fuller democracy. C. Richard Neu, the CIA's National Intelligence Officer for Economics, has told Congress that a NAFTA defeat "would be widely seen in Mexico not just as a U.S. repudiation of NAFTA but as a rejection of Mexico itself," with severe damage to U.S.-Mexican relations in many areas...
...short of the 218 needed to be fairly sure of victory; by last week he was still down 30 votes. That reckoning gives Clinton eight or so legislators from sugar-producing areas who are expected to be won over by a special agreement granting sugar some extra protection from Mexican competition but who for tactical reasons are staying officially uncommitted right now. The sugar agreement is an example of a White House strategy to essentially buy votes by working out special deals for special interests...
...problem with NAFTA is that, like almost any change, it will disrupt the lives of some Canadian workers, some American workers and some Mexican workers. They are a tiny minority, but anyone who thinks he or she might wind up in that tiny minority is understandably fearful and upset. And vocal. Compounding this, there are those who would play to those fears with demagoguery, rather than minister to them with reassurance and support...