W ill the deficit-cutting supercommittee raise taxes? That’s the question of the hour in Congress. President Barack Obama and the Democrats in Congress deftly have maneuvered Republicans into a corner. This shows — for starters — why Republicans were foolish to agree to setting up the supercommittee. It’s officially named the U.S. Congress Joint Select [...]
Officials from the El Paso branch of the Dallas Federal Reserve will make a series of presentations 3 p.m. Wednesday in Becky Sharp Auditorium in the College of Business building at Eastern New Mexico University. A reception will be at 4:45 p.m. The topic will be “Crisis, Recession and Recovery: What’s Next for the Economy?” [...]
Alisa Boswell According to the 2011 Roosevelt County Community Development Corporation annual report, Portales economy is holding steady, despite nationwide economically tough times, but the city still has a strong need for more growth in industry and population. “The big news is Portales is growing and it’s growing twice as fast as it did in [...]
President Barack Obama this week finally will be addressing America’s jobs crisis. He’s been fiddling while the jobs burn. The U.S. unemployment rate remained stubbornly stuck above 9 percent for July. When Obama was inaugurated in January 2009, unemployment stood at 7.6 percent. He promised that his $767 billion stimulus bill would cap unemployment at [...]
Freedom New Mexico Perhaps we should test welfare recipients for drugs. Heck, do it for the economy. Much of what distorts markets, and runs our economy into the ground, is welfare. Since July, Florida has used a new tactic in its war on welfare. It enforces a law, signed by Gov. Rick Scott in June, [...]
Kmele Foster, a small-business owner who serves as the chairman of America’s Future Foundation, believes government micro-management is smothering the economy.
It could be a tough summer — unless one is a lizard.Fears of a stalling economy sent the Dow on a plummet last week. Housing values fell to their lowest in 10 years. Federal estimates of 180,000 new private-sector jobs in May fell short by 142,000. Pain at the pump approaches $4 a gallon, which [...]
I want to offer my congratulations to governor-elect Susana Martinez. As she will soon find out, being governor of New Mexico is one of the most demanding jobs anyone can have. But it is, by far, the most rewarding job for anyone wanting to serve the people of this great state. Eight years ago, I [...]