Prestowitz, a NAFTA supporter in the early 1990s, believes that NAFTA was oversold as a means to bring prosperity on both sides of the Mexican border and in so doing end illegal immigration.
Meanwhile, China and India "are eating our lunch" in trade and job exports, Prestowitz remarked.
"I think the CAFTA opposition is a reflection of the fact that there's increasing unease, angst and skepticism about the question of what all this free trade really means," Prestowitz said by phone last week while on a promotional tour for his new book, "Three Billion New Capitalists: The Great Shift of Wealth and Power to the East."
The president last week put CAFTA on his short list of his priorities in Congress, calling it "a good deal" for the United States.
"It'll keep jobs here in America. And it'll support young democracies, and that's going to be important. There's a geopolitical as well as economic concern for CAFTA," Bush said at a news conference.
Full article: Congress weighs new free trade zone
[Proofreader's note: this article was edited for spelling and typos on June 11, 2005]
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