Like it or not, New Mexico is heading down the expensive path of Medicaid expansion under ObamaCare. One of the concerns we expressed in opposing the expansion was related to some preliminary data from Oregon which seemed to show that Medicaid doesn’t really do much to improve the health of its recipients. Well, the data [...]
Read MoreIs the glass half-empty or half full on the film loan program?
“Film Loans Fizzle.” That’s the headline of the front page story in today’s Albuquerque Journal. The rest of the story treats us to whining from the “usual suspects” on the difficulty of obtaining interest-free loans for film projects and their desire to alter the terms of such loans. It all sounds so sad…another government program [...]
Read MoreJohn Fund’s presentation on elections and an “update from DC”
John Fund is National Affairs Columnist for National Review magazine and an on-air analyst on the Fox News Channel. He is considered a notable expert on American politics and the nexus between politics and economics. He spoke at the Albuquerque Museum in Albuquerque on Monday, April 29, 2013. His presentation is below: 4-30-13 John Fund [...]
Read MoreMeasure the impact of oil and gas in your community
The Western Energy Alliance has put together a fascinating website that allows users to find out basic information about the impact of the oil and gas industries in their area whether that be congressional district or by county. So, users can find for example that in San Juan County (which is located firmly in the [...]
Read MoreAbrams Tank Highlights Pentagon Waste
Unlike some conservative organizations, the Rio Grande Foundation speaks openly and frequently about the need to cut all aspects of federal spending, including the military. This news article highlights just one case of Congress forcing the Pentagon to an extra $436 million on a weapon the experts explicitly say is not needed (the Abrams tank). [...]
Read MoreInternet taxes: why Democrats don’t like them
The issue of “fairness” and taxation on sales made over the Internet is back in Congress with a bi-partisan group pushing for a new taxation scheme called the “Marketplace Fairness Act designed to collect taxes on ALL sales made over the Internet. It sounds simple, but it’s not. Forcing mom-and-pop businesses and sellers on Ebay [...]
Read MoreNo report needed: New Mexico’s film subsidies are a waste
Now that Gov. Martinez has seemingly jumped on the film subsidy bandwagon and will be pushing to complete a study of the program’s impact, some are wondering if we’ll finally have an answer to the question of whether the film subsidy program is an economic winner. Of course, this implies that there is some great [...]
Read MoreObama’s budget targets NM’s most important industry: where do Heinrich and Udall stand?
Will energy-state senators Udall and Heinrich support provisions of Obama’s recently released budget that, once again, go after “Big Oil”? If their voting records are any indication, probably so, even though the oil and gas industry provides more than 13,000 direct jobs in New Mexico at an average annual salary of $64,000 and pours $2.5 [...]
Read MoreNM’s Graduation Rate Stagnant Relative to Other States
Disclaimer: the following information is from the most recent “Diploma’s Count” which tracks the class of 2009. However, as the chart below illustrates, over the 10 years from 1999 to 2009, New Mexico’s graduation rate was both lower than and more stagnant than other states in our region (I threw Florida in to illustrate the [...]
Read MoreNew Mexico’s Work Force Participation: low and falling
There has been some reporting recently about New Mexico’s dropping labor participation rate. As this link shows, New Mexico is among the states in which people are leaving the work force at the fastest rate (a 4.4% drop since December of 2007). While our unemployment rate is middle-of-the-road, our workforce participation rate is among the [...]
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