Former Mexican President Vicente Fox has publicly acknowledged the success of the current administration's minimum wage increase policy, a move that has drawn significant attention. In a recent interview, Fox stated, "It was a great success to force minimum wages up." This statement marks a notable shift from his previous positions and offers an unexpected endorsement for President Andrés Manuel López Obrador's economic strategy. During the same discussion, Fox also shed light on the economic decision-making process during his own tenure. He revealed that his administration frequently consulted with the business conglomerate of the country. "I met every month with the entire business conglomerate of the country in Los Pinos," Fox recounted, adding that these meetings often involved intense pressure from business leaders. "They were always bothering me: 'President, President, you have to stop this race of salaries and prices.'" Reflecting on these past interactions, Fox expressed regret, stating, "Today I say: how foolish I was for believing them." He elaborated on his current perspective, asserting that he should have taken a different approach. "I should have made this decision: the minimum wage goes up, and you, businessman, figure out how to do it. Leave your comfort zone of having low salaries to be able to export, and promote productivity within your company." He concluded by emphasizing that if he were in power today, he would "strongly push the minimum wage up," supported by economists who could justify such a decision. This candid admission from a former head of state provides a unique insight into the historical dynamics between government and the private sector in Mexico, and it is likely to fuel further debate on economic policy and presidential autonomy.
Vicente Fox reconoció que el mayor acierto de AMLO fue aumentar el salario mínimo. El expresidente reveló que durante su mandato, los empresarios le …
