To: FITZ
Look at countries like Mexico ---- 10% of those people are doing very very well ---exceedingly well in fact. But they have a third world country where 80% of the people live in poverty. The other 10% are doing so-so. Although it seems economists wearing free-trade rose colored glasses would look at this and say that the average standard of living, GDP, etc. in Mexico is rising, and therefore free trade must be a success.
64 posted on
08/23/2003 8:21:31 AM PDT by
SteveH
To: SteveH
That would take some real rose-colored glasses, because Mexico is doing worse. Those millions of indigent people moving over the border every year once had jobs, homes, and lives in Mexico. You don't see that level of migration unless things are quite bad. People don't just abandon homes and their way of life by the millions ---- they've lost those jobs and homes.
65 posted on
08/23/2003 8:33:38 AM PDT by
FITZ
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson