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Politics : PRESIDENT GEORGE W. BUSH
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To: Dan B. who wrote (236484)3/12/2002 1:06:47 AM
From: craig crawford  Read Replies (1) of 769667
 
we ran a $6 billion trade surplus with mexico prior to nafta. that has evaporated and by 2000 it swooned into a $25 billion deficit. mexico now exports 90 percent more cars to the united states than america exports to the entire world. old pat tells us that aircraft is next to go south.

"You can only cut costs so much with new machinery," says John Monarch, president of GE supplier Smith West. "Pretty soon you need to lower labor costs, too."
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