This Could Become a Disaster
Mexicans are some of the hardest working people I have come across & are perhaps one of the toughest people, too. I’ve said before, it’s pretty nuts when a style of boxing is named after you. However, rumours of a NATIONAL change are lurking of a work day that only extends 6 hours of work. No more. The idea of this has been proposed by the far-left AMLO administration and is continued with perhaps an even more far-left Sheinbaum administration; but it’s beginning to take shape and from what I hear…Mexicans are scared.
Destroy Business
Hiring in Mexico is a nightmare; it is endless regulation, payments, obligations, all sorts of taxes, contributions and one of the only places I’ve come across where you get ‘more’ money by getting yourself fired. I heard from a friend “it’s illegal to be successful in Mexico”. This burdensome regulation is why 91% of all Mexican companies are small businesses (they can never progress to the next stage). As I wrote with my minimum wage article, enforcing anything upon businesses is ruinous for free enterprise. Businesses have two pathways and they all lead to the same location.
| Big Corporations & Small Business |
| 1) Keep the same number of employees and receive 2 hours less production from everybody. This causes you to earn less which means that eventually the business will be forced to lay people off or go under (and lay everybody off). |
| 2) Add another worker to compensate for the hours lost, but be forced to pay an even higher expense given all the security payments, contributions, benefits and payouts that are necessary. Essentially, the expense felt by the business is passed onto the employee when the business fires staff or goes under. |
It could be said that the big corporations [that almost always stem from the United States] could withstand such changes–but as we’ve seen before, they have no problem uprooting and heading to more economical areas in a flash. My guess? Southeast Asia would be the hot spot. Anecdotally, I can speak to the work ethic and performance to be Malaysians & Singaporeans.
Mexico is a Poor Country
I am very fond of Mexico; however I’d be lying to you if I said Mexico wasn’t a poor country. Most Mexicans are competitively striving for a job and once they have one, they try to work as much as they can to earn some more pesos. I have friends who work 6 day work weeks–all the time. A change on the number of work hours (hours paid) such as this would immediately suppress their ambitions of more wealth, more prosperity, more opportunity (even if they kept their jobs and the foreign businesses stayed in the country). It would keep the poor where they are and bring those eager for more, down. You can see how Orwell’s “All Animals Are Equal–Except Some Animals Are More Equal Than Others” would come true after awhile.
Expect No Less
The Communist playbook is already revealing itself already. Divide and Conquer through immigration. Every. Single. Time.
It’s also worth noting that Mexico is going through a wave of propaganda and ideological poison towards the younger crowd that is hating the rich and successful. These people are the same types of low-IQ individuals who lead the communist revolution in Russia, who are bitter to the core, neurotic in their head and resentful in their lives of everyone partly accomplished. “Tax the Rich” ideologies exists in Mexico too (not just UK, France and Canada), and it’s precisely these ignorants who are pushing to do less work. Although, as I said, Mexico is a developing country, once the rich or successful decide to leave or stop producing, it becomes even poorer.
If the Communists in Mexico City destroy productivity and expand the number of poor in the country; the Cartels will continue to grow and civil war will commence
My Sad Speculation
For Subscribers ONLY. I am posting my researched, educated guess that Mexico may be headed towards a Civil War (NOBODY is suggesting this). Please take the chance to subscribe to see the insider information below:
Reminder; Bottom Line
This is once again another reminder that government produce nothing; rather, they create economic distortions that cause a misallocation of capital, interests and people which ends up pushing prosperity abroad. Government passes laws, regulations, policies and taxes that only hurt people and corporate entities–and it’s not just the “rich people”. Poor people suffer the MOST as we wrote here–> The Minimum Wage Should Be Abolished
Similar to our examples we wrote about, a 6-hour work day is going to result in the same bad news for poor employees trying to get ahead. Everybody, poor or wealthy, should be advocating not for one government over another or more laws/regulations–but that government stays out of their life altogether. Unfortunately for Mexico, this is increasingly not the case and I believe it could be a long-lasting destructive force.
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#StayOnTheBall
