MEXICO CITY (AP) — Mexico’s outgoing president has always taken pride in his reputation as a penny-pincher but on Friday, three days before leaving office...
MEXICO CITY — Mexico’s outgoing president has always taken pride in his reputation as a penny-pincher but on Friday, three days before leaving office,announced generous cash giveaways for his allies in a radical union movement.
In 2009, some 7,000 of the unionized workers from the debt-ridden, corrupt and overstaffed government power company were laid off. Still, they spent the next decade supporting López Obrador's two subsequent presidential campaigns. The lavish giveaways contrast sharply with the image of extreme austerity that López Obrador has sought to project since taking office in 2018 — he sold off the presidential jet and flew around the country on commercial airline flights, in tourist class. Later, he switched to using military aircraft for trips.He largely eliminated federal oversight and regulatory agencies, claiming they cost too much and arguing that one “cannot have a rich government with poor people.
Gabriela Siller, director of economic analysis of the local financial group Banco Base, said the contradictory policies have hurt Mexico. The outgoing Mexican leader has also engaged in very public and nasty disputes with retail, TV and banking magnate Ricardo Salinas Pliego, claiming the tycoon owes over $1 billion in back taxes.
Before finally meeting with Ukrainian President Volodymyr Zelensky on Friday, Donald Trump stood right next to the war-weary leader and boasted of his “very good relationship” with Ukraine’s worst enemy: Russian leader Vladimir Putin.Before their private meeting at Trump Tower in New York, Trump told reporters during a joint news conference that he’s also friendly with the man standing next to him.
Outgoing President Contradictory Policies Mexicana Electrical Workers' Union Commercial Airline Flights Unionized Workers
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