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The mix of inflation and low wages alone have stopped the advance of the country for at least 25 years: * "Minimum wages lost 79.11% in the last 25 years": Art
by sogen 14y ago
The mix of inflation and low wages alone have stopped the advance of the country for at least 25 years:
* "Minimum wages lost 79.11% in the last 25 years":
Article link: http://www.eluniversal.com.mx/notas/869263.html http://www.eluniversal.com.mx/notas/869263.html
What this means: With current wages mexicans only can buy a THIRD of what they could buy 25 years ago.
* Gasoline: Up 36% in six years.
* Oh, and the usual is a 45 hour workweek.
* Bank interest rates: 46% is usual. 107% is not unheard of (WalMart).
link: http://www.apestan.com/cases/walmart-ciudad-de-mexico-distrito-federal-mexico_70242.html http://www.apestan.com/cases/walmart-ciudad-de-mexico-distri...
What specific policies?
Honestly, it all starts with corruption. It's all over the place.