eh, I think there is an argument to be made that the problem with Mexico's economy is the World Bank. Unlike the US, it is not able to run a deficit. See the first link in the post above.
Dana On 8/23/06, Robert Munn <[EMAIL PROTECTED]> wrote: > I agree. My point was more toward Mexico's dependence on the U.S. Sure, > there are some areas that are very poor and others that are prosperous, but > 40% of the population lives below the poverty line, and many people rely on > income from remittances from relatives in the U.S. to survive. > > The whole problem with Mexico is structural. Socialist employment rules, > entrenched bureaucracy, and endemic corruption in civil institutions hurts > the average Mexican worker, discourages external investment, and prevents > economic prosperity. I'm trying to dovetail into the original topic of the > thread, which is communism/socialism v. capitalism. > > Mexican workers have gotten in the US. If Mexico would just open up its > economy and reform its civil institutions, the country would be on par with > the US in prosperity within two generations, and we wouldn't have this crazy > argument about building a giant fence on the border to keep people out. > > So, to summarize, capitalism good, communism bad. > > On 8/23/06, Dana wrote: > > > > my point has always been that it's not uniformly poor. > > > > On 8/23/06, Gruss Gott <[EMAIL PROTECTED]> wrote: > > > > Dana wrote: > > > > "Income distribution remains highly unequal, with the top 20% of > > > > income earners accounting for 55% of income. If municipalities of > > > > Mexico were classified as countries in the HDI World Ranking, Benito > > > > Juárez, one of the political districts in D.F., would have a similar > > > > development than that of Italy, whereas Metlatonoc, Guerrero, would > > > > have an HDI similar to that of Malawi. [9]" > > > > > > > > > > So your point is that there's income disparity so ... I'm lost. > > > > > > > > > > > -- > --------------- > Robert Munn > www.funkymojo.com > > > ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Introducing the Fusion Authority Quarterly Update. 80 pages of hard-hitting, up-to-date ColdFusion information by your peers, delivered to your door four times a year. http://www.fusionauthority.com/quarterly Archive: http://www.houseoffusion.com/groups/CF-Community/message.cfm/messageid:214053 Subscription: http://www.houseoffusion.com/groups/CF-Community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/cf_lists/unsubscribe.cfm?user=89.70.5
