Thread: Mexico Announces Stimulus Package

11:46 a.m. March 3, 2008

MEXICO CITY – President Felipe Calderón announced a 60-billion-peso ($5.6 billion) package of tax breaks, utility-rates discounts and spending programs Monday to help Mexico's economy weather the slowdown in the U.S. economy.
Companies will get a 3 percent income tax break for the next five months and 10- to 20-percent electricity rate reductions, as well as credit from development banks and an increase in infrastructure spending to help them overcome the effects of what Calderón called “an adverse international environment.â€

[quote]However, Calderón noted that “contrary to what is occurring in the United States, our banking and financial system is enormously solid.â€

If Mexico's system is so soild -- financial and otherwise -- then why are Calderon's countrymen fleeing by the millions to sneak into the United States.

How solid would their economy be if their people quit sending money home from our country???

If Mexico is so "solid" then why are there 20 million illegals here in our country taking jobs that should go to U.S. citizens?

I wonder if Calderon would make a speech for us and say, "Hey, these American migrants are JUST GOOD PEOPLE coming across the border to
get a little job to put food on the table, and it's cheaper for them here!"

Further proof the U.S. does NOT need to give Mexico $1.4 billion for the Merida Initiative (anti-drug aid/stimulus package)

"The liberty of a democracy is not safe if the people tolerate the growth of private power to a point where it becomes stronger than their democratic state itself. That, in its essence, is fascism - ownership of government by an individual, by a group, or any controlling private power."
Franklin D. Roosevelt

The millions was made from America,,,,sure he can spend it

Originally Posted by MyAmerica

Further proof the U.S. does NOT need to give Mexico $1.4 billion for the Merida Initiative (anti-drug aid/stimulus package)

"The liberty of a democracy is not safe if the people tolerate the growth of private power to a point where it becomes stronger than their democratic state itself. That, in its essence, is fascism - ownership of government by an individual, by a group, or any controlling private power."
Franklin D. Roosevelt

AMEN! agreed 100%!!!!

[quote][quote]Companies will get a 3 percent income tax break for the next five months and 10- to 20-percent electricity rate reductions, as well as credit from development banks and an increase in infrastructure spending to help them overcome the effects of what Calderón called “an adverse international environment.â€