Word: perots
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NAFTA, in spite of being the first trade accord with progressive environmental provisions and effective enforcement mechanisms attracted a motley assortment of opponents, including strident labor groups, Pat Buchanan and the ubiquitous Ross Perot...
...demagogues use arguments that play upon strong emotions, and Ross Perot is no exception. It is true that removing barriers will encourage some American companies to relocate to Mexico in search of lower wages and less government regulation. These moves will in turn lead to job loss in the U.S., especially in low-skill industries...
...Nobel laureate economists join Harvard's faculty in support of the agreement. This virtual unananimity sharply contrasts the division in the American public and with-in Congress. For legislation with such brain power behind it, NAFTA is in a perilous position. Powerful interest groups and, most conspicuously, Ross Perot's United We Stand, have mounted a fierce battle that has left NAFTA's chances uncertain at best...
When Congress considers NAFTA this week, we hope that it is able to look beyond Perot's scare tactics and the narrow interests of pressure groups to see the good of the nation as a whole. NAFTA is a large step forward, rejecting it would be an even greater step backward...
This fact makes the staff's effort to portray all opposition to the treaty as some crazy delusion of Ross Perot inaccurate and slightly offensive. Real people will lose their jobs because of this treaty. The staff seems to overlook that. One hopes that President Clinton and others will consider these job losses more important than does The Crimson, and see to it that attempts are made to retrain American workers who lose their jobs under the pact...