Discussion Topic: Economy

Rail Runner Ridership continues decline (KOB Channel 4 story)

With renewal of a gross receipts tax on the ballot in several northern New Mexico counties (Los Alamos, Rio Arriba, Santa Fe and Taos) to fund the Rail Runner and related services, the Rio Grande Foundation requested updated annual ridership information. After years...

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UNM, higher education in desperate need of reform

Our state’s system of taxpayer-funded higher education is in crisis. A few key facts about postsecondary institutions in the Land of Enchantment, and the University of New Mexico in particular, reveal the depth of the problem: • New Mexico spends quite a lot on its...

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Use budget surplus for tax and pension reform

The following appeared in the Las Cruces Sun-News on Sunday, September 16, 2018 The announcement that New Mexico’s budget for the upcoming fiscal year is now $1.2 billion in surplus is welcome news. After a decade of fiscal and economic challenges, there are signs of...

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RGF weighs in on NM’s Medicaid Problem

Bernalillo County Commission unanimously adopted a resolution asking the Legislature to develop a Medicaid buy-in program. But Medicaid is a very expensive program that imposes an ever-growing burden on state and federal taxpayers. KOB TV (much to their credit) wasn't...

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Las Cruces Voters Should Reject Big Tax Hike In Bond Election

      The following appeared on KRWG on August 14, 2018 Las Cruces voters are currently casting mail-in ballots to decide the fate of a proposed property-tax hike aimed at generating millions of dollars for various expenditures that proponents claim will improve the...

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We shouldn’t need government permission to work

The approximately 250,000 workers in New Mexico who are directly impacted by the regulations and fees of the state's licensing boards aren't just barbers, construction workers, designers and massage therapists. Some are single moms, or single dads. Others are spouses...

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Gessing Column: Moody’s downgrade is a warning for NM

The following article appeared at NMPolitics.net on July 6, 2018. COMMENTARY: Despite a $600 million surplus and an unemployment rate that has dropped to an almost-respectable 5.1 percent, New Mexico’s economy is in dire shape. This bearish view of New Mexico’s...

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ABQ Mayor Keller’s credit card conservatism

The Rio Grande Foundation was recently asked to comment on a story involving Albuquerque Mayor Tim Keller's decision NOT to use a City credit card. Instead, as the story notes, he will be using his own personal money for various expenses. We applaud Keller for this...

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