[SNE] Crisis or not Crisis?

It is common to hear or even say that we are in crisis when the information context is negative or even our own wallet is empty, and it is true that the situation in the country tends to be bad and for many, in the worst scenario, but to resolve the situation , it is necessary to understand it, measure it and attack the specific points and not only express abstractions and generalities.

It can be asserted by facts, that in economic terms, we are not in recession and on the contrary the current economic cycle is expansive. Therefore, a crisis can not be confirmed, when even this concept is ambiguous in economic terms. This is explained by understanding the economic indicators and their elements set, whether official or even crossing them with those from private institutions, which all highlight this cycle trend.

Now, derived from the previous, it is possible to criticize that the expansive economic cycle, not only is excessively mediocre given the Country's potential, but also that mediocre trend has been occuring since 30 years ago, if not more. Then, a discussion may result in valid proposals for modification of both public policies and economic interaction.

Another example is employment. It is growing and solid in recent years, even at historic maximum levels. But, with several issues verifiable with facts. The first one, salary is extremely depressed compared to purchasing power capacity metrics and comparatively with competing nations. On the other hand, regarding the alleged benefits that the expensive and obsolete social security throws (bad quality medical system in general, expensive housing loans with respect to market and a not very useful retirement system given its estimates). There are other issues to be corrected.

The capitalism structural columns (price-accepting economic agents, utility or standardization homogeneity, access barriers or deregulation, and total information access), as well as the formal law expected guarantees (equality between subjects and obligation's certainty); provide ideal proposal basis, then lobby and achieve appropriate regulatory modifications to correct the real issues that place the context in bad or very bad situation.

Not only commenting on government but actions of private economic agents, also forces to modify behaviors, policies and actions, with the same structural columns.

Of course, it is also valid to think of other parameters to access corrective modifications. But they should at least be based on facts, to create viable forecasts.

Mexico is not in crisis. But by no means it mean that Mexico is in a good trend. And to correct it is everyone's task. For no reason is it possible that this problem set will be solved by one person; and in a government perspective, it is not only the one person responsibility (the President), but at least 649 people, including President, Senate, Deputies Chamber, Supreme Court, autonomous entities (Banxico, Human Rights, Telecommunication Institute, Antitrust Agency, Information Agency and electoral Agency), plus subnational governments, etc.

But more importantly, it is everybody's job. Work a lot is not that useful, and even wealth accumulation is not helping. It is much more, to achieve improvements on any scale. And without understanding the facts, it will be ordinary to keep hearing that we are in crisis.