[Congressional Record Volume 141, Number 26 (Thursday, February 9, 1995)]
[House]
[Page H1468]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
{time} 1010
THE NAFTA ANNIVERSARY
(Ms. KAPTUR asked and was given permission to address the House for 1
minute and to revise and extend her remarks.)
Ms. KAPTUR. Mr. Speaker, incredible as it may seem, certain promoters
still claim NAFTA to be a success.
Eighteen thousand United States workers have already lost their jobs
to Mexico with thousands more surely to be lost as more plants relocate
to that cheap wage environment.
Our trade advantage with Mexico wiped out last year, and red ink is
ahead of us as far as we can see.
A 50-percent peso devaluation in Mexico will dry up our consumer
market for exports down there, and the $47 billion taxpayer backed
bailout of Mexico and its Wall Street friends.
Tuesday's New York Times tells the story of Tracy Bartrom of Indiana.
A former maintenance worker for Magnatek in Huntington, IN, she
recalled a meeting she had in Mexico as she trained her replacement
worker. Through a translator, she asked how much he was paid. He told
her $1 an hour. And for him, the job is certainly not desirable as
strong fumes cause nausea and vomiting.
The true story of NAFTA needs to be told, but it will never get the
coverage that the O.J. Simpson trial gets on U.S. television.
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