according to the Pew Hispanic Center, net migration from Mexico to the United States since 2007 has fallen to zero.By many measures, Mexico is now a majority middle-class nation. Mexicans are buying (mortgage-financed) houses in new subdivisions and driving to Walmart and Costco shopping malls in their pickups and SUVs.
Barone details reforms made by President Enrique Peña Nieto. One of the most significant passed last month:
Now foreign oil firms will be able to invest and book Mexican resources as reserves, stimulating growth and job creation.
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