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December 1, 2024
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The US would inflict great economic damage on itself without Mexicans: Sheinbaum

Raul Robledo

Correspondent

La Jornada Newspaper
Sunday, December 1, 2024, p. 3

Monterrey, NL., President Claudia Sheinbaum pointed out yesterday that Mexican workers contribute significantly to the US economy and that their efforts improve the population pyramid, ensure pensions and strengthen their companies.

At the end of a week in which Donald Trump threatened to impose tariffs of 25 percent on goods from Mexico and Canada, and 10 percent on those from China, the president was in Nuevo León, where she read a speech in which she emphasized how our country and the United States complement and benefit each other in economic and commercial terms.

At the inauguration of the Family Medicine Unit 73 of the IMSS, in San Nicolás de los Garza, Sheinbaum cited data from the Peterson Institute for International Economics – a private organization based in Washington – that indicates that US companies that invest in Mexico increase their productivity , which allows them to open 333 jobs on US soil for every 131 in their subsidiaries.

Accompanied by Governor Samuel García and federal officials, she added that for every 10 nationals in the workforce of the neighboring country, between one and two more jobs are created for the citizens of that nation, and that 80 percent of the salaries of Mexican workers They are spent right there, which avoids a contraction of more than one percentage point of its GDP.

He warned that the elimination of consumption by Mexican workers from the US economy It would be equivalent to destroying the value generated by agriculture, fishing and forestry.

If legal migration were reduced by 50 percent over 10 years, the Social Security debt in the United States would increase 13 percent, adding losses of 1.5 trillion dollars in 75 years, and conversely, if migration increased by 200 thousand people a year, its solvency would extend for two years, increasing its reserves by 284 billion in a decade.

Migrants who arrive without documents, he commented, contribute 13 billion dollars a year to United States Social Security. Because the majority does not claim benefits, 92 percent of that money ends up benefiting Americans, in addition to the fact that Americans are younger than the native population, which improves the population pyramid..

The president said she was convinced that the relationship between Mexico and the United States will be good and respectful and that dialogue and collaboration will always prevail.

He stressed that Mexico has developed a strategy with the purpose of preventing foreigners from crossing the country to reach the United States, without violating their human rights, starting with the right to life, and we will continue doing so..

He highlighted that Mexico has established itself as the main trading partner of the United States, driven by factors such as geographical proximity, the USMCA and the talent of its workforce.

(With information from Arturo Sánchez)

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