July 2006: We endorsed Calderon for president of Mexico

This is from July 2006, or our endorsement of Felipe Calderon of the PAN for president of Mexico

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The good news is that PRI won't win.  PRI's domination is over. The bad news is that they will decide who wins.

Calderon and Lopez-Obrador are within the margin of error in most polls. Nevertheless, Calderon can win but two things have to happen:

1) Calderon needs a huge middle class turnout; and,

2) Calderon needs to persuade PRI-istas that they are wasting their vote.

Can he do both? I hope so.

Calderon can not do miracles. However, I think that he understands that Mexico needs more foreign investment, property rights and higher productivity.

On the other hand, the PRD's populism is the wrong prescription for a Mexican economy that can't compete in the new world of China, India, South Korea, Taiwan and Chile.

Good luck to Mexico. This is a very important election. I hope that Calderon can win it.