drsteve wrote:
qtla9111 wrote:
Mexico has unions too. However, they haven't priced themselves out of the market allowing workers to continue to have jobs, homes, cars, just like in the U.S. We may have a lower economic level of living but our economy and our middle class are growing. Look at the facts.
Fact is Mexican "unions" are not real unions.
Clicky
It depends on your definition and your culture. I'm not here to argue about unions but these are some more realistic facts. BTW, I'm sending a letter to Dave Welch regarding his facts and figures.
What was not taken into account are the following benefits required by law (and of course one may say that they really don't get paid, but, oh yes they do):
INFONAVIT points accumulated towards a low-interest government backed home loan. (I happen to have had one).
Free healthcare, no premiums, no payments and includes bypass, kidney and heart transplants.
Profit sharing - all non-governmental companies (excluding non-profit) provide a juicy check every year.
Dispensa or food coupons that are used at any supermarket.
This adds up to quite a bit over a year's time but are never included in income statistics for Mexico.
(notice in the upper right hand corner it says "Bloomberg")
