Economists Toast 20 Years Of NAFTA; Critics Sit Out the Party Marilyn Geewax - NPR.org
go to original December 8, 2013

Giant Sucking Sound - Ross Perot 1992 Presidential Debate (TheFedBites)

Twenty years ago, millions of Americans were cocking their ears — waiting to hear a "giant sucking sound."

They feared Mexico would begin vacuuming up U.S. manufacturing jobs as soon as President Clinton signed the North American Free Trade Agreement, or NAFTA, on Dec. 8, 1993.

The "sucking sound" famously had been forecast in 1992 by Ross Perot, the businessman turned independent presidential candidate.

Clinton won the election, and began pushing for NAFTA's passage. He promised the sprawling trade agreement would become a wealth generator as it pulled together the economies of Canada, the United States and Mexico.

Who turned out to be right, Perot or Clinton?

Read the rest at NPR.org

We invite you to add your charity or supporting organizations' news stories and coming events to PVAngels so we can share them with the world. Do it now!