Quote Of The Day

Gustavo Vega, director of the Center for International Studies at the prestigious Colegio de Mexico in Mexico City, said that while NAFTA has helped create more jobs for Mexicans, it has not helped create enough of them. Still, had it not been for passage of the North American Free Trade Agreement in 1993, Mexico would have suffered a much-greater financial crisis after its economy crashed in December 1994, he said. “It helped us to recover from the crisis sooner rather than later,” Vega told the Center for U.S.-Mexican Studies at the University of California San Diego on Tuesday.” — San Diego Union Tribune

One Response to “Quote Of The Day”

  1. Jon says:

    Ron Paul claims that NAFTA in reality is not free trade, but managed trade. I don’t know much about it, but I have come to trust Ron Paul, so I think he may be on to something. I do know that Mexican farmers are competing with subsidized farms in the States. I suppose that helps the Mexican people over all because they’ll get cheaper corn, but really I think this is a wasteful imbalance that will cause a lot of resentment.

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