We just hear a disproportionate of news from Mexico because of how close it is.
But on the other side, that's not healthy for the people of either country. For example, I regularly meet Mexicans that think Americans hate them. And comments from the people who post in /r/the_donald regularly have me shaking my head muttering "poor sheltered bastard."
Even HN commenters will talk about how they want to pull the trigger on leaving their boring office job and move to Chiang Mai, but that's a pretty incredible move. It's far away and with a much different culture and language, which is a cool thing but increases the chances that you just won't do it.
Meanwhile I'd say I have a pretty exotic lifestyle living on nothing and I'm just a 2 hour flight from my family in Austin.
Colloquially, judging by its per capita GDP [1] and intentional homicide rate [2] it seems to fit right in with what people think of when they use the term "Third World".
[0] https://en.wikipedia.org/wiki/Third_World
[1] https://en.wikipedia.org/wiki/List_of_countries_by_GDP_(PPP)...
[2] https://en.wikipedia.org/wiki/List_of_countries_by_intention...
Now, for what it's worth, the dysfunction is far less pronounced further away from the border. It's quite a developed country, aside from the sorts of places where you can be raped and murdered for criticizing the wrong people. This is largely despite the state though, which is why you'll probably see more secession.
That same northern neighbour whose ambassador is attributed as having a key role in the assassination of the ideological leader and president after the last revolution, and brought the country back into 4 more years of violence and fighting [1].
Or that same northern neighbour who swept in and took almost half its land after Mexico had just come out of a war against Texas and another against France.
Historically the US has been the prime benefactor of not only Mexico, but all of Latin America being dysfunctional, which is why the CIA has been involved in destabilizing the region for years.