General Discussion
In reply to the discussion: Passage Of TPP Will Be A Disaster For Dems Just Like NAFTA was. I'm Really Pissed. [View all]nadinbrzezinski
(154,021 posts)who has made a tidy sum out of this. Carlos Slim. Don't get me wrong. The man works hard for his money. and still drives himself to work. But damn... he has made a tidy sum out of the privatization of TELMEX. He is currently worth, according to the slackers at Forbes, a tidy 76.2 billion dollars.
Now pay at TELMEX... average, according to the Union, US$2.952 . Not for lack of trying, since the rest of the workers at other companies that Slim owns, among them TELCEL, the largest cell phone provider. They fear Slim intends to fuse both companies. The union fears that at that moment the relatively good pay will go away, since the union would be dissolved.
Of course, one of the major problems in the post NAFTA Mexico is that the economy is quite stagnant. This is according to the Colegio de Mexico, who should have more than just a clue on these matters. They are the premiere research institution in the country.
They write and I will translate:
el desempeño de México en etapas anteriores y con el de otras
economías emergentes.
However, the economic growth rate has been low when one compares this to previous eras, and with other emerging economies.
http://www.colmex.mx/gpm/images/PDF/III_ECONOMIA.pdf
It is what it is... I should do an article on NAFTA and the economic reality, it is time to finally save that PDF
edited for clarity