Taxpayer-Financed Downtown Arena Rears its Head Again

Bad ideas never die. Thus, Albuquerque taxpayers were greeted with the headline “Downtown Arena Revisited,” this morning. While the article explains much of the story, you can only read it if you subscribe to the Journal. Thankfully, the story was covered elsewhere including KOB TV.
Certainly I knew that even though I’d debunked the need for [...]

RGF on the air

Recently, I discussed our new study on eliminating New Mexico’s personal income tax with Alan Riehl on Las Cruces radio station KSNM 570AM. You can listen to the show here.
If you’d rather read a short, 700 or so word article about eliminating the personal income tax, you can read that here.

RGF Hits USA Today Front Page

In case you missed it — or you were not at our luncheon event with John Stossel yesterday — the Rio Grande Foundation’s Ken Brown appeared on the front page of yesterday’s USA Today discussing the propensity of the federal government to continue to hire and grow even as private employers cut back in a [...]

The Sky’s Not Falling

John Stossel, who will be speaking tomorrow in Albuquerque at an RGF-sponsored event, questioned in a recent article the chicken little perspective being foisted on the American people by the media and their political leaders.
It is easy to see that the media benefits from hyperventilating about supposed crises we’re now facing — after all, a [...]

Oops!: Consumers Unfairly Taken to Task

You may have read my blog posting yesterday which discussed Governor Richardson’s campaign debt and drew a connection between the fiscal irresponsibility of our politicians and the citizenry as a whole. It turns out that I was being a bit hard on the spending and borrowing habits of my fellow Americans. As Harry Messenheimer pointed [...]

Personal Budgets and Government Budgets

I’ve long believed that personal financial management and government fiscal policy are closely related. In other words, it is no coincidence that American families owe $14 trillion in debt and that the US government is $9.4 trillion (not to mention $40 trillion in un-funded government liabilities).
This overlap is also apparent among specific politicians. Take Bill [...]

Wal Mart Response to Katrina Illustrates Government’s Failure

“A lot of you are going to have to make decisions above your level,” was Scott’s message to his people. “Make the best decision that you can with the information that’s available to you at the time, and above all, do the right thing.” This quote from Lee Scott, the chief executive officer of Wal-Mart, [...]

Where Health Care and Education Bureaucracies Meet

A recent article in the Las Cruces Sun-News outlining a new $1.9 million award by the U.S. Department of Labor to Doña Ana Community College’s nursing program caught my attention. As the article points out in its opening paragraph, nurses are in high demand and have been for some time. In fact, some would say [...]

Michigan Considers Offering Even More Generous Subsidies than New Mexico

New Mexico has come to be known for its extremely generous subsidies for the film industry. In fact, the New Mexico Film Office recently publicized the “fact” that the state’s film industry has generated $1.5 billion for the state economy.
While there is no proof that New Mexico’s generous subsidies are good for the economy, other [...]

National Industrial Policy: The Cure for What Ails Us?

Harold Meyerson is the resident left-wing “economist” at the Washington Post. Since the Post’s columnists often run in the Albuquerque Journal, New Mexico readers often have the pleasure — or displeasure — of reading columns from writers including Meyerson, E.J. Dionne, Robert Samuelson, and George Will to name just a few.
Meyerson’s most recent piece which [...]

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