Is the Bloom off the Rail Runner?

Despite the fact that I live nowhere near a Rail Runner station and have no real need to ride the thing, I decided to take a ride on the train this morning to see how ridership is holding up. As you may know, the train is still “free,” at least in the sense that it [...]

What of this Energy Bill?

There is a lot of talk about the 2005 Energy Bill that passed Congress and the campaign ads in which Patty Madrid criticized Heather Wilson for voting for a bill that contained $2.6 billion in subsidies for the oil industry. Wilson defenders have hit back saying that the Energy Bill was “good for New Mexico” [...]

Mayor Marty’s Latest Big Idea

Albuquerque Mayor Martin Chavez is acting as if the city itself won the latest lottery jackpot. A week ago he introduced plans for a new, taxpayer-backed downtown sports arena, now he is pushing his latest big-budget idea, a so-called “modern streetcar” running along Central Avenue from Old Town to Nob Hill and from Central Avenue [...]

Keeping up with the Joneses?

Now that Rio Rancho is set to open its arena in a matter of weeks, Albuquerque Mayor Martin Chávez has a serious case of arena-envy. Chávez has threatened eminent domain for a project that wouldn’t have a single permanent tenant lined up. Of course, eminent domain isn’t the only potential problem with the proposed arena, [...]

A RailRunner Experience

I took my first-ever trip on the new Rail Runner commuter train this weekend to and from the New Mexico Wine Festival and thought I’d offer a few thoughts on the train. First and foremost, I got on at the Paseo/Los Ranchos station for the first train of the day. The train was jammed to [...]

New Mexico, Destination Location or Outmigration?

According to the August 17 article, about 4.1 percent of New Mexicans moved here from another state within the last year. This puts New Mexico at No. 9 in the nation for the percentage of its residents who had moved from another state within the previous year.
Although New Mexico’s increased popularity is a good sign, [...]

Richardson’s Eminent Domain Task Force Hears from Rio Grande Foundation and other Eminent Domain Experts

The Rio Grande Foundation and others knowledgeable of the uses and abuses of eminent domain recently presented before Governor Richardson’s eminent domain task force. Aside from presenting a variety of information relating to eminent domain laws in other states and how New Mexico property owners could best be protected, the experts all criticized Rio [...]

New Mexico #19 for employment in June

New Mexico came in as the 19th best state for employment in june with a 4.1% unemployment rate. But even with low unemployment and strong growth, New Mexico is still among the poorest states.
On a lighter note, The Economist writes about economist blogging. Apparently, you don’t have to go to an Ivy [...]

Santa Fe Sore Thumb

The New Mexico state legislature wisely rejected the proposed increase in the statewide minimum wage. As a result, Santa Fe–with its own substantial increase–will stick out like a sore thumb.
Any business that wants to locate in New Mexico will surely avoid Santa Fe. Even those that need to be located right in Santa [...]

Clunk! Clunk! Clunk! Goes the Trolley

Albuquerque Mayor Chavez wants to install streetcars between Old Town and Knob Hill. I don’t know why. Here are a few reasons why not:
1. Construction costs would be high and streets would be torn up for months. Whatever the estimated cost, the actual cost would be far higher.
2. Low benefit-cost ratio. [...]

Capitol Report New Mexico
New Mexico Watchdog


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