Between Worlds, by Bill Richardson: on Free Trade


NAFTA critically important for US as well as Mexico

NAFTA was critically important, and not only for the reasons commonly cited by its supporters. Yes, the treaty would create the world's largest free-trade region, a market of 360 million people in the US, Canada, and Mexico. Estimates of NAFTA's economic impact varied, but the treaty promised to be a win-win-win for all three countries.

That didn't mean the absence of dislocation: while NAFTA figured to create more jobs in the US, some jobs would be lost. A key part of the final bill presented to Congress needed to include worker-adjustment programs and other so-called side agreements addressing such issues as labor standards and the environment.

I felt the treaty was crucial to Mexico. I thought NAFTA would create positive economic change and help to stimulate a broader political debate. I thought it also had the potential to affect the immigration issue: if Mexico's economy boomed, beter-paying jobs would provide Mexicans an incentive to stay home.

Source: Between Worlds, by Bill Richardson, p.112-3 Nov 3, 2005

  • The above quotations are from Between Worlds: The Making of an American Life, by Bill Richardson, with Michael Ruby.
  • Click here for definitions & background information on Free Trade.
  • Click here for more quotes by Bill Richardson on Free Trade.
2008 Presidential contenders on Free Trade:
Republicans:
Chmn.John Cox
Mayor Rudy Giuliani
Gov.Mike Huckabee
Rep.Duncan Hunter
Sen.John McCain
Rep.Ron Paul
Gov.Mitt Romney
Sen.Fred Thompson
Democrats:
Sen.Hillary Clinton
Sen.John Edwards
Sen.Mike Gravel
Rep.Dennis Kucinich
Sen.Barack Obama
Third Parties:
Green: Rep.Cynthia McKinney
Socialist: Brian Moore
Independent: Mayor Mike Bloomberg
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