By: Tom Wright Oil prices are up over 60% since President Biden took office. Locally, the gasoline average is up 35% and propane up 30-cents per gallon. Why?… Read More
Economy and Job Creation
An increasingly large portion of New Mexico's leaders say it isn't according to an Albuquerque Journal front page article by Ellen Marks titled, " Is New Mexico Moving in the Right Direction?" Whereas 36% of business leaders thought the state was on the wrong track in 2015, now 58% think New Mexico is on the wrong track.
Daily, confirmation rolls in verifying the accuracy of the messages contained in our two ads run in newspapers on the 15th of January. There is little or no job creation in this state and we must change…
In the small, almost ghostly, town of Nara Visa just outside Tucumcari, NM the nuclear waste industry brings a promising prospect of revivng the small town
Margeaux Anderson loves New Mexico. She loves the state’s natural beauty, its rich cultural heritage and the fact that both her and her husband’s families are close by. All of which is to say: she’s leaving. “The decision has already been made,” said Anderson. “It’s just a matter of finding the right stepping-off point.”
"New Mexico is on the precipice of an 'economic death spiral' as long as it continues conducting 'business as usual' according to an analysis presented at a Jobs Council meeting…" says analyst Mark Lautman.
Businesses will not long create job openings unless job openings are filled with willing and able employees. Businesses which need employees, but which can’t find them in New Mexico, will eventually close or move elsewhere. See the Albuquerque Journal article by Winthrop Quigley.
“The regulatory wave that has swept the developed world since the 2008 financial crisis may finally be cresting. Recent developments suggest a new recognition by voters and governments that excessive regulation is responsible for the slow economic growth of the past eight years,” writes Peter Wallison.
“Men who have chosen not to seek work are two and a half times more numerous than those men that government statistics count as unemployed because they are seeking jobs,” writes George Will.
“It wasn’t the severity of the Great Recession that caused the weak recovery, but government policies,” writes Robert Barro, professor of Economics at Harvard University.