The more conservative, free-trade-oriented candidate, Felipe Calderon of the National Action Party (PAN), appears to have eked out a slim victory with a few hundred thousand more votes than the leftist Andres Manuel Lopez Obrador. Although Lopez Obrador, the former mayor of Mexico City and the candidate of the Democratic Revolution Party, fashions himself the champion of the poor, his economic policies would likely have increased poverty, not eliminated it. Like most socialists, Lopez Obrador believes in redistributing wealth, not creating it -- a failed policy that won't work in Mexico any better than it has anywhere else in the world.But even if Calderon's narrow victory holds -- it is being challenged, and an elaborate mechanism to ensure the results are fair has now kicked in -- he still faces an uphill battle in a country that is rich in resources but has never been able to provide a decent economic environment for its people.
Mexico has oil, natural gas, abundant timber, silver and gold, and about 12 percent of its land is arable (compared with 18 percent in the United States). But Mexico's people are its most important -- and poorly tapped -- resource. More than 10 percent of Mexico's population now resides north of the border. They have come to the United States because this country affords tremendous opportunity to anyone willing to work hard. And one thing Mexicans have proven is their willingness to work.
Mexican-born men living in the United States have the highest labor force participation rates of any group, bar none. Some 94 percent of illegal alien males are in the labor force, for example, compared with a 46 percent labor force participation rate among comparably educated whites and 40 percent among blacks with less than a high school education. Yet Mexicans living in their own country suffer from high rates of underemployment. About one quarter of the Mexican population is employed only part time, and 40 percent live in poverty.
Linda Chavez is chairman of the Center for Equal Opportunity and author of Betrayal: How Union Bosses Shake Down Their Members and Corrupt American Politics .
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