Mexico’s next president can reset relations with the United States

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https://www.economist.com/the-americas/2024/05/27/mexicos-next-president-can-re…

The Economist

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In September 2013, The Economist published an article explaining whether or not it is left- or right- wing. The publication said it is "neither. We consider ourselves to be in the "radical centre."

The article continues:

"The Economist was founded in 1843 by James Wilson, a British businessman who objected to heavy import duties on foreign corn. Mr Wilson and his friends in the Anti-Corn Law League were classical liberals in the tradition of Adam Smith and, later, the likes of John Stuart Mill and William Ewart Gladstone. This intellectual ancestry has guided the newspaper’s instincts ever since: it opposes all undue curtailment of an individual’s economic or personal freedom. But like its founders, it is not dogmatic. Where there is a liberal case for government to do something, The Economist will air it. Early in its life, its writers were keen supporters of the income tax, for example. Since then it has backed causes like universal health care and gun control. But its starting point is that government should only remove power and wealth from individuals when it has an excellent reason to do so."

According to the 2014 Pew Research Study, Where News Audiences Fit on the Political Spectrum, the majority of The Economist readers hold political values to the left-of-center. Seventeen percent of The Economist's audience is conservative (compared with 26% of all respondents to the survey).

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Mexicans elected Andrés Manuel López Obrador president in 2018 for sound reasons; his diagnosis that inequality, insecurity and a corrupt political class were damaging Mexico was convincing. But apart from poverty-reducing minimum-wage increases, Mr López Obrador’s “Fourth Transformation” has taken Mexico backwards. A statist, bent on tearing down the works of his predecessors, he is leaving the health-care and education systems in tatters. His reversal of pro-competition energy-market reforms has made Mexico’s electricity dirty and costly. Water is scarce. His hands-off security policy has let criminal groups strengthen their grip. He has attacked independent institutions, from the electoral body to the Supreme Court. In part because of his animus towards the private sector, the economic growth rate has been on average 2-3% per year in the non-pandemic years of his presidency, a mediocre figure given the huge opportunity facing Mexico, and momentum has slowed in the past six months.