RELEASE the POWER of the FREE MARKETS!!!!
from the WSWS
Tens of thousands of Mexicans have taken to the streets in opposition to President Enrique Pena Nieto’s January 1 decision to slash gasoline subsidies, an action that will increase consumer prices by 14 to 20 percent in the coming year. Demonstrations against el Gasolinazo have grown with each passing day, spreading to every part of the country.
The protests have provoked a political crisis within the Mexican ruling class. “With the Gasolinazos, social irritation is growing to the point of converting itself into a general discontent that could overflow and become uncontainable,” reads an editorial in Tuesday’s Excelsior.
The demonstrations involve largely spontaneous actions by workers and youth as well as sections of the middle class. As of Wednesday night, truckers, taxi drivers and other protesters were once again blocking many of the major highways between cities after police had cleared them the day before.
Police have made several dozen arrests. On Wednesday, they confronted demonstrators in Mexico City.
[read more here]
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