Quote:
Originally Posted by skysidhe
but why dosn't the government in Mexico invest in itself? I think that is a big part of the problem.
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As noted previously, lack of free trade would only be part of the problem. Mexico has a law that only Mexicans can invest in their oil industry - Pemex. This creates a serious shortage of investment money even for that industry. Oil industry cannot generate enough for investment because they need so much more. Even Mexico's oil industry needs foreign investment.
Government doing investment? Mexico must create jobs for millions. Government cannot (and should not) do that. Investment comes from free market investors. Mexico has a shortage of investment and a shortage of citizens creating new business such as exportable agriculture products.
UT cites what appears to be major investments on Mexico's US border. What looks like major investment on Mexico's border is trivial compared to what Mexico needs to create a million new jobs.
Mexico needs capital - investment - job creation. Shortage of investment (due to other factors including US laws) is but another reason why Jose Mexicana must take a least desirable path - illegally immigrate into the US for employment.
What looks like major investment - what really are the numbers? One number that is obvious - Mexico has no labor shortage even though millions of workers leave for work. Jose Mexicana needs jobs - not blame.
That is the difference from what so many have posted here. Some blind nonsense about enforcing laws does not solve anything but an ego itch. Major economic problems exist. Major and obvious. Anyone who thinks these people flock to America only for an easy life are lying to themselves or worshipping Rush Limbaugh. Many are in denial. Therefore this problem will only fester. Big walls and armed troops will never cure a problem by attacking symptoms. Massive illegal immigration and poverty are only symptoms of ignored and denied economic problems. Problems that truly free markets have a bad habit of curing. Problems that could not exist (on this scale), in part, if NAFTA was really a free market trading zone as believed.