Sunday, December 23, 2018

Brookings: How Poland was able to move from middle to high income in less than 15 years . In 1994, the Poles had one-fourth less income than the Mexicans did. By 2014, the incomes of Mexicans had grown annually at about 0.9 percent (to $16,300); whereas Poles saw their incomes grow annually at 4.2 percent (to $25,000).

From Brookings:
Over the last two decades, Poland experienced the most stable high growth in the EU, increasing the size of its economy by two and a half times and raising incomes. In 1994, the Poles had one-fourth less income than the Mexicans did. By 2014, the incomes of Mexicans had grown annually at about 0.9 percent (to $16,300); whereas Poles saw their incomes grow annually at 4.2 percent (to $25,000). In only 20 years, a Pole had become 50 percent richer than a Mexican.
We encourage everyone to read this story. Mickey Kaus and Ann Coulter will have a field day with this one considering Poland's hatred of immigration.