Word: mexicanization
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...Mexican President)) Carlos Salinas de Gortari has said Mexico wants Asian investment," says Clyde Prestowitz, president of the Economic Strategy Institute, a Washington think tank. "He wants it in high-value-added, high- technology industries ((that will)) be exporting to the U.S. What we emphatically don't want to do is to make Mexico safe for Japanese investment." Prestowitz' solution is for the U.S. to induce foreign investors to export certain percentages of what they make in Mexico to third countries...
Whatever else it does, a Mexican free-trade agreement seems likely to accelerate the decline in the number of American manufacturing jobs, which provided 35% of U.S. employment in 1948 but now account for only 17%. In time, say economists, both technological advances in the U.S. and competitive pressures from low-wage countries will mean the loss of most of America's unskilled or semiskilled manufacturing jobs...
ENVIRONMENT Dirty doings on the Mexican border...
...body and a white scar across his face. When South Carolina tried to annul new federal tariffs, Jackson sent soldiers to Charleston harbor and muttered about marching south with 50,000 men. William Henry Harrison was the hero of Tippecanoe; Ulysses Grant served under Zachary Taylor in the Mexican War, before going on to glory at Vicksburg and Appomattox; and Rough Rider Teddy Roosevelt, mustache bristling, charged up San Juan Hill and into American mythology. In Eisenhower, one of the century's greatest generals, America found one of its better Presidents...
...Instead, one heads for the outer islands, such as the Turneffe Islands, that are geared up for sporting tourism, mainly scuba diving, snorkeling and line fishing; or a small plane whisks you north to San Pedro on Ambergris Cay, a thin digit of land that protrudes south from the Mexican border. To the east is the barrier reef, which runs parallel to the coast, less than a mile offshore. To the west are mangroves and shallow flats, and then the low featureless Mosquito Coast. San Pedro, in between, is a pleasant town of ramshackle wooden buildings on stilts or cinder...