CEPR - Center for Economic and Policy Research

Multimedia

En Español

Em Português

Other Languages

Home Publications Blogs Beat the Press Washington Post Continues NAFTA Cheerleading in Front Page Story

Washington Post Continues NAFTA Cheerleading in Front Page Story

Print
Monday, 10 September 2012 06:52

The Washington Post feels no need to observe normal journalistic standards when it comes to the NAFTA. When the trade agreement was being debated in 1993 it virtually turned the paper (both the news and opinion pages) into an advocacy organization. It continues this pattern even to this day.

As a result, when NAFTA was being debated in the Democratic primaries in 2007, it had a lead editorial in which it harshly criticized the candidates and absurdly claimed that Mexico's GDP had quadruped since 1988. In addition to being hugely wrong (the actual growth was 83 percent according to the IMF), the choice of years was bizarre since NAFTA first took effect in 1994. To this day, the Post has never corrected this editorial.

More recently the Post has repeatedly run articles about Mexico's fast-growing middle class. Some were published earlier this summer and it treats us to another today.

per-capita-gdp-09-2012

Source: International Monetary Fund.

In reality Mexico had the slowest growing economy in Latin America over the last decade, but what do you expect, it's the Washington Post.

Comments (3)Add Comment
...
written by anon, September 10, 2012 8:36
To talk about the middle class, you need to talk about medians, not averages.
medians vs. averages
written by Ethan, September 10, 2012 8:28
Look up Carlos Slim on Wikipedia.
...
written by Brett, September 12, 2012 3:44
To be fair, Mexico is also rather well-off in Latin American terms, with relatively high GDP per capita and a trillion-dollar-plus GDP. It's much harder for them (and other states in a similar position and size) to grow as fast as smaller states.

Write comment

(Only one link allowed per comment)

This content has been locked. You can no longer post any comments.

busy
 

CEPR.net
Support this blog, donate
Combined Federal Campaign #79613

About Beat the Press

Dean Baker is co-director of the Center for Economic and Policy Research in Washington, D.C. He is the author of several books, his latest being The End of Loser Liberalism: Making Markets Progressive. Read more about Dean.

Archives