Gerardo Enrique Garibay Camarena

It's a good thing when politicians recognize that there are people out there who are less fortunate than the political class. But this empathy only does anyone any good if policymakers refrain from socialistic government schemes that make poverty worse.

With oil prices in likely long-term tailspin, corrupt governments can't count on oil sales to bail them out anymore. But Mexico's government didn't get the memo and still clings to the state oil monopoly.