Democracy in action?
Is this a sign that the economic elite in Mexico no longer control government expenditures? Mexico's incoming president says he'll cancel partially built $13-billion airport Buoyed by the results of a controversial nationwide referendum, Mexican President-elect Andres Manuel Lopez Obrador said Monday that his administration will cancel construction of a partially completed, $13-billion international airport and instead move forward with plans for a less expensive alternative. Texcoco airport project “The decision is to abide by the mandate of citizens,” the president-elect, who assumes office on Dec. 1, said at a news conference. “This is democracy.” The revised plan, he said, would save Mexican taxpayers the equivalent of more than $5 billion. But abandoning the new airport in the Texcoco area northeast of Mexico City also means the loss of some $5 billion that already has been spent on the project. The airport in Texcoco, which would have been the third largest commercial air...