IPFS News Link • Activism
"It's not just 2 pesos; It's the country:" Mexico City's #PosMeSalto Movement
• upsidedownworld.org On December 13th, 2013 the subway fare was raised from three pesos (roughly 25 cents ) to five pesos (roughly 40 cents.) Basic mathematics informs you that this is a whopping 66.66% increase, placing Mexico City transit costs at the top of the list among the top 30 countries within the Organisation for Economic Co-operation and Development (OECD). To understand how a 50 cent fare is considered one of the most expensive in the world, you have to take into account Mexico City's minimum wage which has stagnated around 64 pesos, just shy of five dollars for a day’s work.
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