The sensible policies taken by AMLO’s government are the reason for a significant reduction in poverty—yet mainstream media claims the causes are “unclear”
In Mexico’s city of Oaxaca, the capital of Oaxaca with almost 4,000,000 residents, the baseline cost of living is $20/day. If two people in a home are working, you’ll now cover expenses every month with a little to save. It was raised from $10/day which was only enough to get by, so at least it’s something. It’s been 14 years since the minimum wage was raised by $0.70/hour in the US on the other hand.
They state Mexico’s minimum wage is around $12 USD. this is per day.
In Mexico’s city of Oaxaca, the capital of Oaxaca with almost 4,000,000 residents, the baseline cost of living is $20/day. If two people in a home are working, you’ll now cover expenses every month with a little to save. It was raised from $10/day which was only enough to get by, so at least it’s something. It’s been 14 years since the minimum wage was raised by $0.70/hour in the US on the other hand.