We Need Nafta And A Net For U.S. Workers
Mexico--the next South Korea? Dismiss the idea at your own economic peril. Quietly, without much fanfare, President Carlos Salinas de Gortari has built an Asian-style command-and-control society south of the border that is quickly transforming a sleepy Third World country into a fierce Latin American economic tigre. By keeping wages low for his high-quality labor force, Salinas has attracted $26 billion of U.S. investment in the past five years, half of it in bricks and mortar, generating jobs and income.
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