Mexico Is The Wealthiest Nation In Latin America
Unemployment rate (2006) 3.6%
GDP $1.068 trillion
Per capita GDP $10,100
Growth rate 3%
Gini index 54.6
Mexico’s per capita GDP is roughly that of Russia’s
and greater than that of soon-to-be EU members
Bulgaria and Romania.
There are lots of things
that one could potentially conclude from these statistics
including that the unemployment statistics are false.
However, I prefer to conclude
that Mexico is not a poor country—
that’s living in the past.
Mexico is a middle-class country
with a lot of poor people in it.
The Gini index is higher than ours
(a measure of income distribution equality—
0 would be everybody making the same amount,
100 would be one person deriving all the income)
http://en.wikipedia.org/wiki/Gini_coefficient
and ours is somewhat high by European standards.
The growth rate, too, is respectable.
It’s not that people in Mexico can’t find jobs.
It’s that Mexico is the neighbor to a very rich country
and the labor markets for the two countries
are progressively moving towards being a single market.
I continue to believe
that more should be asked of Mexico:
She should be shouldering responsibilities
towards her citizens
proportional to its status in the world.
Mexico's weak public education system
condemns workers to low salaries
in a global economy where skills count.
Decades of systemic government corruption
have robbed the poorest of everything
from high school scholarships to subsidized milk.
The broken banking system hands out little credit --
people without the cash
to buy a house or start a small business
must often do without.
Mexico's inability to enforce the rule of law
also discourages the investment needed to create jobs.
The truth is that Mexico is a very wealthy country.
It is blessed with abundant natural resources
and a fortunate location.
Mexico is the richest nation in Latin America
when measured by GDP,
and by a wide margin :
in 2001, Mexico's GDP was the highest in Latin America,
a substantial 22.5 percent more than runner-up Brazil.
When GDP per capita is the gauge,
Mexico is second only behind Argentina.
In 2003
Mexico was the world’s fifth-largest oil producer,
its 9th- largest oil exporter,
and the third-largest supplier of oil to the United States.
Oil and gas revenues provide about one-third
of all Mexican Government revenues.
Investment would cost money.
And Mexico refuses to take responsibility
for the social needs of its population.
It's so much easier
to let the Americans care for Mexico's poor.
Indeed, the Mexican propaganda war
to convince Americans
of the need to support poor Mexico
has been largely successful.
Mexico's propaganda effort is helped enormously
by the annual carnage of unprepared walkers
who die in the desert as they illegally cross into the U.S.
Predictably, the May death of 19 people
in an unventilated truck in Texas
incited anti-borders extremists
to pile blame on American immigration law.
Mexico would prefer that all its excess workers
could cross an unenforced border
to keep remittance dollars flowing.
Recent surveys show half of Latino immigrants
send money home,
with a monthly average amount of $250.
250 Untaxed US Dollars
Goes A LONG WAY South Of The Border
Because Of The Difference
In The Standard Of Living Between The US And Mexico
And Because Of The VALUE
Of The Untaxed US Dollar In Mexico
These Families Will Live
MORE THAN COMFORTABLY In Mexico
On Untaxed US Dollars
Sent Home To The Family
By Their Sons And Daughters
Living And Working ILLEGALLY In The USA
All Totalled About 39 Billion Untaxed US Dollars
Are Being Exported To Mexico Annually
Providing Mexico
With Her 2nd Largest Source Of Income
In effect,
they are LOOTING the Treasury of the United States
as surely as if they went to Fort Knox
and loaded up all our gold bullion on trucks
and drove to Tijuana with it.
A much smaller investment
could bring our southern border under control
and would lower the threat of terrorists entering there.
A serious commitment to border security
would require fencing off the entire southern border—
all 1,891 miles of it.
(For comparison,
we have 40,000 miles
of Maintained Interstate Highways)
At $1.7 million per mile
(the cost of the first 10 mile stretch in San Diego),
the entire U.S.-Mexican border could be sealed off
for $3.3 billion dollars.
Iraq spending equivalent: 13.8 days.
Cost/benefit analysis, anyone?
The expanding power
of lawless elements in Mexican society,
(e.g. narco-traffickers)
must be recognized as a security threat -
particularly with recent reports
of connections between Mexican drug cartels
and terrorists, including al Qaeda.
Border control is now critical to national security.
There's no reason why Mexico cannot evolve
from being a parasite state
into an adult nation.
Washington was optimistic when
opposition party candidate Vicente Fox
won the presidency.
But the Fox administration has only displayed
more of the same tiresome dependence.
Apparently
the current system is just too easy and profitable
for the insatiable ruling class.
2006-11-07 14:40:07
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answer #1
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answered by Anonymous
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Of course they do. I'm a US citizen and I'm living in Mexico. Mexican Government have the necessary money to "fix" their problems just imagine how much money they waste in the past elections, the problem here is that in Mexico they have too much people working in public service, combined with the fact that this is a really corrupted country.
2006-11-07 23:39:50
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answer #2
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answered by Herman 4
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I guess the question lies in the answer - America is the world super power - do they have the money to fix the problems - poverty, crime, political hypocrisy, war, drugs, hatred, racism and the list goes on. Does America have the money? Yes! Does Mexico have the money? Yes!- However, we are exiting the spiritual dark ages where money has taken a precedent. Until there if a shift in consciousness in every human being on the planet we will try to kill our brothers and sisters, psychological, emotionally, physically, and spiritually. Money has nothing to do with this. Change begins with a shift in the mind not money. It makes me crazy, really it does, that humanity thinks that global problems will be resolved by money. Wake up people.
2006-11-07 22:57:17
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answer #3
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answered by Anonymous
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They do but because of the endemic corruption it suffers from , the money never gets to the projects but stays in the hands of the corrupted officials. The current party in power now, the PAN, is the least corrupt and for once Mexico has a chance of greater prosperity and hopefully instead of wasting their most valued resource, workers, to build their neighborrs economy(US) , they can use this labor pool for their own growth, When this happens we'll only be able to get middle easterners to come to the us to work and also Chinese. Salaam, arigato and to the all knowing...
2006-11-07 23:46:37
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answer #4
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answered by dosmachetes 2
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The people in power do. Mexico is one of the most corrupt places in the Americas and it is the ordinary Mexican who suffers most.
2006-11-07 22:58:43
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answer #5
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answered by curious george 5
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Most definitely they do. But the 5% who own 95% of the wealth of that pathetic country would have to be brought down. Perhaps manana?
2006-11-07 22:45:33
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answer #6
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answered by ALWAYS GOTTA KNOW 5
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ONLY the government has the money.
2006-11-07 22:41:32
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answer #7
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answered by Anonymous
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They may, but just like our government, they can't get anything going into action to make their country better.
2006-11-07 22:40:34
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answer #8
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answered by Carol R 7
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na lieke every other country in the world they will want a grant or something from the states to fix their problems. why spend theirs when america will spend theirs
2006-11-07 22:43:21
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answer #9
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answered by Anonymous
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Yes,but it is all in their personal offshore bank accounts.
2006-11-07 23:00:05
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answer #10
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answered by Sweet Willy 3
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