Mexico President Announces He Will Not Bail Out The Rich

President Andres Manuel Lopez Obrador said his government will help the poor through the coronavirus outbreak.

According to Reuters, he didn’t hold the same sentiment toward the rich.

Private sector economists think the economy will decrease by up to 7 percent in 2020.

Business lobbies urged the president to pledge more money to protect jobs.

Lopez Obrador said money will not be cut from welfare programs to bail those on the top.

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