On the recordFebruary 6, 1995
Fourteen months ago many of us, all of us, and many other of our colleagues told the American people that we thought the NAFTA Agreement was going to be a disaster. On the other side we had the President, we had the Republican leadership, we had virtually every major corporate newspaper in America, who were telling us what a wonderful deal NAFTA was going to be for American workers, for Mexican workers, and for the people in general. Fourteen months have come and gone, and sadly, sadly, virtually every concern that we had at that time has proven to be true. And after the 14 months, instead of our friends who supported NAFTA coming forward and saying, 'OK, we admit it, we made a mistake, we were wrong, everybody is wrong, they were wrong'; but instead of coming forward and saying they were wrong, what they now come forward and say is, 'Hey, we need a $40-plus billion loan guarantee to Mexico, because NAFTA has been such a success that the Mexican economy is disintegrating...'
Source
govinfo.gov




