Mexican boom While California’s economy is in the doldrums with 10.1 percent unemployment, Mexico’s economy is booming with only 5.0 percent unemployment. The Mexican business climate is benefiting from strong production growth and increasing job opportunities. More than 1.4 million Mexicans — including about 300,000 children born in the United States — returned to Mexico from the United States between 2005 and 2010. Net immigration to the U.S. dropped to zero since 2008, while American immigration to Mexico is thriving. UCLA predicts that California’s employment growth will average less than 2 percent for the next three years. The Economist magazine expects the Mexican boom to continue; since manufacturing costs are more competitive in Mexico than in China: “Mexico is already the world’s biggest exporter of flat-screen televisions, BlackBerrys and fridge-freezers, and is climbing up the rankings in cars, aerospace and more. On present trends, by 2018 America will import more from Mexico than from any other country. “Made in China” is giving way to ‘Hecho en México’.” A key competitive factor, according to accounting research firm KPMG, is Mexico’s #1 international ranking as the best place to do business from a tax burden point of view. Cal WatchSo all you deranged CA hispanics, how is it that Mexico runs their nation better than California? If Mexico is doing so good, then why aren't you all demanding CA independence from DC. After all, they have more democracy in Mexico, a better economy and smarter politicians. Wassa matter? Independence for California scare you?
Friday, November 30, 2012
So, CA hispanics, what say we secede and join Mexico?
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