Word: naftas
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...much congressional clout does the group have? Although it may be a major factor in up to 16 NAFTA nays, United We Stand's role as junior partner to Big Labor on the issue will make it difficult to get an exact reading. That will not be the case in the '94 congressional elections, which will include more than 100 closely competitive races, nearly twice the normal number. Russ Verney, a UWSA staff member in Dallas with ample vote-counting skills as former executive director of the New Hampshire State Democratic Party, estimates that...
...climate of extreme worry about employment prospects, however, NAFTA has picked up an enormous load of symbolic freight. Opponents -- most prominently labor unions and Ross Perot's movement -- see, not entirely wrongly, the U.S. economy being hurt by growing foreign competition, and view NAFTA, less logically, as the latest in a succession of what Perot calls "dumb trade agreements" that have taken a grievous toll of American jobs. Proponents regard the pact as an unavoidable necessity if the U.S. is going to compete with the trade blocs forming in Europe and Asia. Rejection, they argue, would be a futile...
...vote still looked too close to call. The Administration was picking up a few more votes, but not as many as might have been expected after Vice President Al Gore emerged as the consensus winner in his TV showdown with Perot. The latest predictions from nose counters: NAFTA might win by two or three votes. But if it appears to be falling short, it will lose by 60 to 70, because many pro-NAFTA Representatives will not dare to provoke union and Perotista fury in a losing cause...
...NAFTA or no NAFTA, however, the squeeze on jobs continues. This is one subject on which expert and public opinion are in rare accord. In the latest TIME-CNN poll by Yankelovich Partners Inc., 54% of those questioned thought it will be harder to find a job during the next year than it has been over the past 12 months, vs. 29% who thought the search would be easier. Two-thirds believed that job security has deteriorated over the past two years, although those years have seen continuous economic growth. When those giving this response were asked whether the insecurity...
John Hay, Theodore Roosevelt's Secretary of State, once called the Pacific the "ocean of the future." Bill Clinton hopes the future starts this week. Just two days after Congress votes up or down on NAFTA, the President plans to meet in Seattle with leaders from 14 other Pacific Rim nations. With an expanding middle class and huge construction projects ranging from airports to mass-transit systems, the booming region should be in a spending mood for years to come. The Seattle gathering is a significant step in White House efforts to widen the pipeline for American exports to Asia...