Considering that the price of tortillas (made from corn) rose explosively, eggs (made from chickens that eat corn) jumped up 25%, and the price of tomatoes (used in the salsa) would make any farmer blush, the economic intelligentsia seems to be on a "let them eat cake" binge to placate the restive and angry local populace which is already marching around town with large protest signs demanding subsidies.
I don't understand what all the fuss is about. After all, everyone just got a 3.9% raise, (about 2 cents per day)! And many of Mexico's knowledgable economists are now proclaiming that the recent sharp rise in prices will not affect inflation figures.
That is because they don't go grocery shopping, take buses, go to museums, drive on toll roads, buy gas, or smoke. So, these economists are correct.
And they probably only eat juicy rotissery grilled chicken plus a handful of tortillas, rice and sauce for 30 pesos.
