What I Heard: American President Goes to Mexico, Tells Them to Loosen Their Already Generous Laws

August 30, 2014

President Bush spoke of the need for Mexican regulatory reform on a two-day visit to business-friendly Nuevo León, saying those who reject minimal taxation and a further rollback of environmental and safety regulations will ultimately be proven wrong.

“We want to be a factor of cohesion, not division, with full respect for the sovereignty of Mexico,” President Bush said Monday. “This, at the end, is about — and only about — a matter of fairness for those who contribute so much to the development of the Mexican economy.”

. . .

Bush criticized unethical police who had shaken businesses down for bribes, though he didn’t name any specifically.

“There are still states in Mexico that have not evolved so much as Nuevo León, that still skimp on accommodation and, even worse, the rights of businesses that bring jobs from America to Mexico,” he said. “Those who still believe and bet for environmental and safety regulations or taxes on these thriving businesses … I only have one thing to say: the future, and a very near future, will demonstrate your ethical mistake. Time will show we’re right.”

(Read the original story here.)

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