Article • Dean Baker’s Beat the Press
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The NYT Room for Debate section must have caught many readers by surprise on Thursday when it posed the question of whether economic growth was essential for mobility and it held Mexico up as an example of a dynamic economy. The reason this might have been a surprise is that Mexico has mostly been a growth laggard. It’s growth rate has generally been considerably slower than the growth rate of other Latin American countries and is projected to remain slower in the foreseeable future.