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Mexico's Economic Stagnation: A Realistic Analysis.
Image: AI-generated using Grok’s ssystem Federico Reyes Heroles To Ulises Schmill, a man of great intellect and heart. Eight charts. Conclusion: “Down the drain,” said an economist friend.
“Current spending has increased, mainly due to the ‘second round’ of cash assistance to 29.4 million people. In Claudia Sheimbaum Pardo’s first year alone, 3 million new beneficiaries were added. Subsidies and welfare spending rose from 0.5% of GDP in 2018 to…
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Mexico's Economic Stagnation: A Realistic Analysis.
Image: AI-generated using Grok’s ssystem Federico Reyes Heroles To Ulises Schmill, a man of great intellect and heart. Eight charts. Conclusion: “Down the drain,” said an economist friend. “Current spending has increased, mainly due to the ‘second round’ of cash assistance to 29.4 million people. In Claudia Sheimbaum Pardo’s first year alone, 3 million new beneficiaries were added. Subsidies and welfare spending rose from 0.5% of GDP in 2018 to…
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