Now we have CAFTA and that Rhymes with NAFTA... More Trouble in River City?
I'm a solid capitalist, one who was once a staunch advocate of free trade. However, in 1992, when discussions of the North America Free Trade Agreement were running hot and heavy, I sensed something was amiss.
In the final analysis, I wound up opposing the passage of NAFTA. Moreover, that was the point in time at which I decided that if NAFTA had come to represent the embodiment of free trade, I no longer could be a free-trader. To succeed, "free trade" and "fair trade" must be synonymous. What I have come sadly to accept is that this simply is not achievable.
Now along comes the Central America Free Trade Agreement or "CAFTA." To be honest, I was summarily opposed to it, because its selling points had much too familiar a ring.
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