« Are Prices Sticky? | Main | Pigouvian Redistribution »

Tuesday, November 14, 2006

Yesterday's Lou Dobbs

Guess where Perot "giant hypocrite sound" Systems is setting up operations?:

Company Ross Perot Built Is Now Hiring, in Mexico, by Elisabeth Malkin, NY Times: Remember Ross Perot’s “giant sucking sound”? The Texas billionaire and onetime presidential candidate railed against the North American Free Trade Agreement in the early 1990s, arguing that it would create a “giant sucking sound” of good American jobs pulled to low-wage Mexico.

But things change. Last week, Mr. Perot’s Texas company announced that it was hiring — in Mexico. The Perot Systems Corporation, which manages information technology for companies, is setting up a technology center in Guadalajara where it expects to employ 270 engineers by the middle of next year. ...

Perot Systems, based in Plano, Tex., had sales of $2 billion last year and employs 20,000 people in more than 20 countries, 6,000 of them in India alone. ...

Back in 1992 and 1993, Mr. Perot’s anti-Nafta harangues made him highly unpopular in Mexico... But a dozen years into Nafta, Mexicans are willing to let bygones be bygones. And so, it seems, is Mr. Perot...

    Posted by on Tuesday, November 14, 2006 at 12:30 AM in Economics, International Trade, Politics | Permalink  TrackBack (1)  Comments (25)

    TrackBack

    TrackBack URL for this entry:
    https://www.typepad.com/services/trackback/6a00d83451b33869e200d83461f3c569e2

    Listed below are links to weblogs that reference Yesterday's Lou Dobbs:

    » Open Thread - Nafta Edition from The Left Coaster

    A couple of Nafta related pieces today to think about. It seems that Mr. Ross Perot, the original anti-Nafta guy, is now investing in Mexico and looking to hire some 270 engineers in Guadalajara by the middle of next year. Brad DeLong has been putting ... [Read More]

    Tracked on Sunday, November 19, 2006 at 12:29 AM


    Comments

    Feed You can follow this conversation by subscribing to the comment feed for this post.