I count myself among the conservatives who are concerned about the horde of immigrants illegally entering the U.S.
But something has been puzzling me.
Countries as varied as South Korea and Ireland have moved from third, or near-third world status to growth and prosperity in little more than a generation.
Ireland did it with a bold tax plan, cutting corporate taxes to 10%, and offering additional incentives that made rates really closer to zero, thereby setting off a wave of investments from big Pharma and virtually every tech company, including Lionbridge, Dell and Microsoft.
South Korea took a very different tack, raising huge protectionist barriers that are only gradually being reduced, and assisting the growth of the chaebols; resulting in ten or so world scale monsters like Samsung, Lucky Goldstar (LG) and Hyundai.
India, which had long shunned business and open markets as the activities of a lower class, is now embracing growth and experiencing an economic boom.
China, with its mind blowing free market communism (Lenin must be spinning in his grave faster than Sputnik) has grown 8-10% annually for a string of years now.
So, the puzzle is, what is wrong with Mexico? Why would a noticeable percentage of the population be willing to cross deserts and climb fences to escape? Since there are several success models to choose from, why haven't they found one? I had hopes that successful businessman Vicente Fox would make a difference, but he didn't.
Is the symbiotic relationship of the kleptocracy and the unions so powerful that the country is doomed to perpetual poverty?
But something has been puzzling me.
Countries as varied as South Korea and Ireland have moved from third, or near-third world status to growth and prosperity in little more than a generation.
Ireland did it with a bold tax plan, cutting corporate taxes to 10%, and offering additional incentives that made rates really closer to zero, thereby setting off a wave of investments from big Pharma and virtually every tech company, including Lionbridge, Dell and Microsoft.
South Korea took a very different tack, raising huge protectionist barriers that are only gradually being reduced, and assisting the growth of the chaebols; resulting in ten or so world scale monsters like Samsung, Lucky Goldstar (LG) and Hyundai.
India, which had long shunned business and open markets as the activities of a lower class, is now embracing growth and experiencing an economic boom.
China, with its mind blowing free market communism (Lenin must be spinning in his grave faster than Sputnik) has grown 8-10% annually for a string of years now.
So, the puzzle is, what is wrong with Mexico? Why would a noticeable percentage of the population be willing to cross deserts and climb fences to escape? Since there are several success models to choose from, why haven't they found one? I had hopes that successful businessman Vicente Fox would make a difference, but he didn't.
Is the symbiotic relationship of the kleptocracy and the unions so powerful that the country is doomed to perpetual poverty?
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