Although Mr. López Obrador says he would keep balanced budget deficits and respect the central banks autonomy, his victory would signal a new economic and social model for Mexico. He proposes fostering growth with more government spending, import-substitution policies and higher salariesshifting from the export-based model that has prevailed here during the last 35 years.He's keeping balanced budget deficits? Whew, I was worried those were going to go!
And thrice as deep!..................