Another way to measure a state’s economic situation is to look at population growth. A state’s population usually grows relative to other states when it provides a welcoming environment in which to live, work, and start businesses. Some factors that affect population growth such as climate and geographic factors lie beyond the human control, but [...]
Many factors affect population and GDP growth, but taxes and government spending play a fundamental role in New Mexico’s growth and its ability to recruit businesses and individuals to the state.
Here are some, perhaps surprising, statistics about New Mexico taxes and government spending. Most of these items are controlled by legislation written and passed by the legislature and signed by the Governor. It takes a few years to really see effects of the trends, because the data reflects the implementation of new policies and procedures. It is interesting to see where NM ranks among other states.
Health Care & Entitlements By Christine Harbin Hanson, Remember President Obama’s “If you like your health plan, you can keep it” motto from 2009? In hindsight, “If you like your health plan, and if you have enough political connections to get a waiver, you can keep it” would have been more accurate. In the three [...]
Why School Choice is Beneficial for Students School choice is beneficial for students because they can choose the school they attend based on the quality of the education provided by the school, not on their economic standing. It also provides for skill and interest based education, and the voucher system provides competition between the schools. [...]