Article date: 4/7/13
http://www.noticiasnet.mx/portal/chiapas/general/145248-incrementos-combustibles-danan-que-menos-tienen
This article explains that recent increases in the price of fuel, electricity, and piped water have impacted the poor. Armando Lopez Rico as political figure and member of "la Organización Proletaria Emiliano Zapata del Movimiento de Liberación Nacional (OPEZ-MLN)," claimed the group will be in the state capital to express their opposition towards the economic policies of fuel, electricity, and piped water, because they greatly affect the poor people. Specifically, Lopez Rico said "[Se manifestarán] contra el alto costo de la vida, exigiremos una tarifa justa y equitativa de la energía eléctrica, además de condenar los costo de la gasolina". This translates to the claim that the organization will march in opposition to the high cost of living, demand fair prices of electricity, and condemn the costs of fuels.
In class, we have displayed price increases in terms of supply and demand curves. In the case of the increase of prices of fuel in Mexico, I assume there has been a higher demand for fuel and electricity, since Mexico is a developing country. It is possible that a price ceiling be implemented so that the price of fuel is affordable to the poor, however, in the end there will be a shortage of fuel overall. When considering policies for fairness, the country may consider minimum wage laws. Increasing minimum wage will increase the income of the employed poor and therefore, they will be able to afford more.
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