Over at the immigration website VDARE, Edwin Rubenstein has an interesting post about immigration and Mexican economic trends. One particular graph caught my eye:
The ratio of per-capita GDP between the U.S. and Mexico has risen slightly since 1995--despite NAFTA and despite the very large outflows of legal and illegal immigrants. Does this mean that even a huge dose of globalization cannot overcome the structural problems with the Mexican economy? Where did the economic models go wrong?
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Mexico's wealth remains concentrated in the hands of the few, worse despite Mexican propoganda about La Raza one only needs watch their television and political elites to realize they could have stepped off the boat from Europe yesterday. The real Mexicans have little hope of social mobility, which explains the distain Mexicans treat American-Mexicans. The odd thing is if you gave the US and filled it with Mexicans you'd have Mexico again in 50 years, and if you gave Mexico to Americans in 50 years you'd have another USA.
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