A joint meeting of the Federal Open Market Committee and the Board of Governors of the Federal Reserve System. Abstract The spread of the Delta variant of the COVID-19 virus weighed on the near-term growth outlook and marked down projections for gross domestic product (GDP) …
Luis Rubio The way the Morena-party government functions, especially with President López Obrador’s early-morning press conferences, reminds me of an old Russian joke. It was about a peasant farmer whose neighbor saves enough to purchase a goat. The peasant asks God to put right this injustice and God answers, asking the peasant what he wants …
Luis Rubio For every action (force) in nature, there is an equal and opposite reaction. Newton’s Third Law of Motion is similarly applicable to physics and politics. Governments define their objectives and means to achieve them, and the population has to deal with the consequences: …
Image: Daniels Joffe on Unsplash Luis Rubio Alexander Pope, a XIX-century English poet, penned the phrase “fools rush in where angels fear to tread.” Mexico’s relationship with the United States is, was, and will be complex and variegated as long as Mexicans do not resolve the fundamental problems of their own development, which would presumably …
In a civilized country, campaign slogans translate into objectives, public policies, and government programs composed of specific projects duly budgeted and scheduled with clearly defined targets. Their results are measurable to evaluate if the particular objectives were accomplished. It does not happen in Mexico. One …
Image: Arie Wubben on Unsplash In a civilized country, campaign slogans translate into objectives, public policies, and government programs composed of specific projects duly budgeted and scheduled with clearly defined targets. Their results are measurable to evaluate if the particular objectives were accomplished. It does not happen in Mexico. One of AMLO’s main slogans was …
Photo: Dave Meckler on Pexels Luis Rubio Three years into a government with clarity of purpose but without more of a project than that of imposing it dogmatically, flatly, and without looking back. The circumstances are changing, but the president sticks to his path without concern for the consequences. Wasn’t that what the president himself …
Image: Eti Ammos on iStock Luis Rubio The objective, as the president tells Mexicans once and again, is regime change. However, his true mission is, to judge by his actions, to concentrate power and eliminate any opposition or counterweight source. Perhaps this would be a new regime as the president promised, but that is certainly …
M. Chris Mason The wars in Vietnam, Iraq, and Afghanistan were lost before they began, not on the battlefields where the United States won every tactical engagement but at the strategic level of war. In each case, the U.S. Government attempted to create a western-style …
Photo: Nathan Shively on Unsplash Luis Rubio The function of the umpire in constitutional matters is that of breaking the ties among the other branches of government. In recent years, with the legislature in control of the executive, the sole guarantee of political and institutional stability has resided on the Supreme Court of Justice; but …