Mexican president vows to bail out the poor, not big companies, in coronavirus response

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Mexican President Andres Manuel Lopez Obrador said on Monday he would focus his response to the coronavirus outbreak on helping the poor rather than major companies as the virus spreads in Mexico, and that he would unveil more details on Tuesday. Although the government has yet to take drastic measures

MEXICO CITY - Mexican President Andres Manuel Lopez Obrador said on Monday he would focus his response to the coronavirus outbreak on helping the poor rather than major companies as the virus spreads in Mexico, and that he would unveil more details on Tuesday.

Although the government has yet to take drastic measures to slow the contagion, such as issuing travel bans or requiring self-isolation, it has banned large events, suspended classes in primary schools and recommended people keep distance from others. Already, small businesses have begun to reel from the impact across the country, where millions live in poverty.

"No more rescues in the style of the neo-liberal period, that provided for banks, big companies. They shouldn't even be thinking that there will be tax forgiveness or other mechanisms that were used before," he said.

 

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Which then leaves everyone poor when the big companies fail and go under.

I don't suppose he'd also like to chip in for our border wall? Asking for a friend.

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 /  🏆 380. in PT

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Mexican president vows to bail out the poor, not big companies, in coronavirus responseMexican President Andres Manuel Lopez Obrador said on Monday he would focus his ... HE IS DOING WRONG,HE SHOULD HELP THEM ALSO BCZ INVESTORS WILL LOSE HOPE PartaiSocmed
Fonte: Reuters - 🏆 2. / 97 Consulte Mais informação »