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...automobiles, televisions and other luxuries. Between 1987 and 1993, while exports grew by roughly half, imports quadrupled. Meanwhile, Mexico's poor, perhaps 40% of the population, were still waiting % for the benefits of growth. On Jan. 1, 1994, the same day that NAFTA went into effect, some of the poorest began a 12-day uprising in the remote southern highlands of Chiapas. The government arrived at a shaky peace with the rebels, but it was just the start of a year that made investors further question Mexico's stability...

Author: /time Magazine | Title: The Plunger: the Peso Heads South | 1/9/1995 | See Source »

...wasn't this turmoil -- especially the rebellion in Chiapas -- itself an outgrowth of NAFTA? It's true that farmers there will suffer as protective trade barriers fall. But a deeper source of their discontent is sheer, longstanding poverty. And it's no coincidence that Chiapas, Mexico's poorest region, is also farthest from the U.S. and the balming effect of trade. The unrest of Mexican peasants is undeniably a reminder that free trade's overall benefits entail real costs, but it's equally a reminder that the alternative is worse. In a thoroughly protectionist world, all of Mexico might today...

Author: /time Magazine | Title: Why Perot Is Still Wrong | 1/9/1995 | See Source »

...Crimson's 3-1 start is markedly more impressive than last year's 7-1 overall record, the poorest finish for Harvard women's basket-ball in ten years...

Author: By Brian R. Rice, | Title: W.B-Ballers Split at Own Invitational | 12/5/1994 | See Source »

...definitive history Three Centuries of Harvard, Samuel Eliot Morrison wrote that "the poorest people knew that they could call on Parkman in the middle of the night for some medical emergency and not fear of being rebuked...

Author: By Amar K. Goel, | Title: Webster Murder Was the 19th Century's O.J. Simpson Case | 12/3/1994 | See Source »

Latimer also criticized "targeting," a process that makes only the poorest of the poor eligible for aid programs, saying that this system leads to "resentment and divisiveness." He argued that public assistance should be broadly based to "make sense of our massive resources...

Author: By David W. Brown, | Title: IOP Panelists Speak About Welfare Reform | 12/2/1994 | See Source »

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