With the Mexican peso taking a nose dive, some naysayers are having a field day saying ``I told you so'' about the North American Free Trade Agreement. Chief among them is Ross Perot, who now proclaims that the only winners in Mexico's fiscal crisis are the exploitive companies that will rush in to take advantage of cheap labor and low production costs. Meanwhile, the American taxpayer will stand liable for $40 billion in loan guarantees should Congress approve a bailout package being pushed by the Clinton administration.
The naysayers aren't just taking aim at Mexico, either. They are pointing to the sliding Canadian dollar, coupled with rising unemployment. See, …
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