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Puerto Vallarta News NetworkEditorials | Issues | July 2009 

In US, Mexico Expats in Awe Over PRI Wins
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July 14, 2009



The opinion of Mexican expats living in the U.S. is a subject to ponder on. The general attitude is one of disbelief and awe over the result of the midterm elections which placed the Institutional Revolutionary Party (PRI) once again in control of Congress.

Their reaction is: How can my compatriot Mexican voters be so dumb, so stupid, so forgetful, as to place the ultrícorrupt PRI back in power?

Their question is valid, up to a certain point.

Most likely these expats have not lived in Mexico under the rule of the National Action Party (PAN) during the past nine years.

Truth be told, the PRI left behind a solid, established system of "institutions" that still work fine for Mexicans.

Under PAN presidents, their economic management has been more "macro" than "micro".

Former President Vicente Fox devoted his "macro" efforts to keep the economy afloat by piling up international reserves, while at the bottom of the pyramid personal finances eroded.

President Felipe Calderón inherited an eroding economy and because he never understood, even as candidate in 2006, the nature of industrial development and job creation, the "micro" bottom of the pyramid has continued to erode during his Administration with the confirmed loss of 700,000 solid jobs in 2009.

Mexican expats have a point, but they have not felt the growing economic erosion under nine years of PAN government.

What voters can hope for is that choosing the PRI is not a return to the past.



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