NM Death Spiral State
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“Each Thought Creates A Reality”

Since: Nov 08

Location hidden

#1 Jan 1, 2013
So Forbes Magazine thinks that a state economy that relies heavily on government largess and where the private sector is outnumbered by the public sector...is not a good risk or investment or place to live. Seems that with DC just voting themselves a raise, Forbes obviously doesn't understand government finances.
nobody

Huntsville, AL

#2 Jan 1, 2013
Willothewisp wrote:
So Forbes Magazine thinks that a state economy that relies heavily on government largess and where the private sector is outnumbered by the public sector...is not a good risk or investment or place to live. Seems that with DC just voting themselves a raise, Forbes obviously doesn't understand government finances.
voted for a raise, liar.

“Each Thought Creates A Reality”

Since: Nov 08

Location hidden

#3 Jan 1, 2013
nobody wrote:
<quoted text>
voted for a raise, liar.
Did I say vote? How foolish of me. That would be a republic. It was by Executive Order of December 27, 2012 and the Veep will get the highest raise. Executive Order. Not vote. The best way to run your republic.

Love how you love calling people liar for what may have been an innocent misunderstanding, misuse of a term or oversight. Name calling really does suit you.

“Each Thought Creates A Reality”

Since: Nov 08

Location hidden

#4 Jan 1, 2013
NEWS FLASH. Congress can vote to not accept a pay increase and it seems that Senator Kelly Ayotte had planned to introduce legislation to the the Congressional salary hike.

The title of the article on ROLL CALL is "Senate Votes to Kill Its Own Pay Raise. The Fiscal Cliff deal includes a provision rescinding the pay hike tucked inside the 157 page package.

Now back to the topic at hand. NM is a Death Spiral state. Now why is that? The private sector?
nope

Huntsville, AL

#5 Jan 1, 2013
Willothewisp wrote:
<quoted text>

.
a lie is a lie.

http://www.govexec.com/federal-news/fedblog/2...

“Each Thought Creates A Reality”

Since: Nov 08

Location hidden

#6 Jan 1, 2013
nope wrote:
great link you liar.

“Each Thought Creates A Reality”

Since: Nov 08

Location hidden

#7 Jan 1, 2013
http://thehill.com/blogs/floor-action/house/2...

http://thehill.com/homenews/house/275049-back... -

http://www.examiner.com/article/obama-gives-u...

In 1989, Congress passed an amendment allowing the automatic pay raises, unless lawmakers specifically voted to reject it. It was hit and miss. The congressional pay was $98,400 in 1990. 2012:$174,000.

Since: Aug 08

Location hidden

#8 Jan 1, 2013
Willothewisp wrote:
So Forbes Magazine thinks that a state economy that relies heavily on government largess and where the private sector is outnumbered by the public sector...is not a good risk or investment or place to live. Seems that with DC just voting themselves a raise, Forbes obviously doesn't understand government finances.
Dang, another perfect example of the need for a "sigh" judge-it! It's quite depressing to live in a state, full of wonderful people, that ranks the worst, or near it, in almost everything!

Since: Aug 08

Location hidden

#9 Jan 1, 2013
Willothewisp wrote:
NEWS FLASH. Congress can vote to not accept a pay increase and it seems that Senator Kelly Ayotte had planned to introduce legislation to the the Congressional salary hike.
The title of the article on ROLL CALL is "Senate Votes to Kill Its Own Pay Raise. The Fiscal Cliff deal includes a provision rescinding the pay hike tucked inside the 157 page package.
Now back to the topic at hand. NM is a Death Spiral state. Now why is that? The private sector?
Thanks for clarifying! I had read, earlier, that part of this "fiscal cliff" avoidance bill included a provision for not raising Congress' salary by $900.00.

Since: Aug 08

Location hidden

#10 Jan 1, 2013
Willothewisp wrote:
<quoted text>
great link you liar.
LMAO!
The

Huntsville, AL

#11 Jan 1, 2013
Just left of right wrote:
<quoted text>
Dang, another perfect example of the need for a "sigh" judge-it! It's quite depressing to live in a state, full of wonderful people, that ranks the worst, or near it, in almost everything!
referenced opinion piece in Forbes sneers at public sector workers and calls them "takers" and private sector workers - regardless of what they do - are called "makers".

That is his starting premise. LOL.
What is

Huntsville, AL

#12 Jan 1, 2013
Just left of right wrote:
<quoted text>
LMAO!
funny? She lied, I didn't.

“Each Thought Creates A Reality”

Since: Nov 08

Location hidden

#13 Jan 1, 2013
Now, meanwhile back at the ranch...why is NM considered a "Death Spiral State"? Forbes is obviously, according to some posters, not a financially astute source like they are. Couldn't have anything to do with state financial affairs and growth and federal financial affairs and growth. So, maybe they don't like green, or red. Or they are out of Texas.
Pavlov Rodriguez

Albuquerque, NM

#14 Jan 2, 2013
New Mexico is to the USA like your wife's loser brother, who moves into your basement and never leaves.

“Each Thought Creates A Reality”

Since: Nov 08

Location hidden

#15 Jan 2, 2013
http://www.forbes.com/sites/baldwin/2012/11/2...

Here is the Forbes article. Makers and Takers. I guess some see no difference between the public and private sectors. Generally the federal government is exempt from state and local taxes.

https://www.acquisition.gov/far/html/Subpart%...

“I Am No One To Be Trifled With”

Since: Jun 09

Dread Pirate Roberts

#16 Jan 2, 2013
The wrote:
<quoted text>
referenced opinion piece in Forbes sneers at public sector workers and calls them "takers" and private sector workers - regardless of what they do - are called "makers".
That is his starting premise. LOL.
That is perhaps over-simplifying the differences but it is basically true...

Think about it for just a little bit...

It takes taxes being raised in order to afford one government job...

Taxes don't have to be raised to afford a private sector job...

Now if you have less private sector jobs...and more government jobs...you're going run a deficit...

UNLESS you raise taxes even higher on those with private sector jobs...

It costs the public, the people MORE to keep more government jobs than private sector jobs...

Not to mention the inherent problems that government jobs have in not being able to compete and innovate...take the USPS for instance versus the private shipping companies...

“I Am No One To Be Trifled With”

Since: Jun 09

Dread Pirate Roberts

#17 Jan 2, 2013
Pavlov Rodriguez wrote:
New Mexico is to the USA like your wife's loser brother, who moves into your basement and never leaves.
LOL!

I can think of some other states that fit that bill too...

Or...

California it to the USA like Charlie Sheen...
Already There

Los Alamos, NM

#18 Jan 7, 2013
Knightmare wrote:
<quoted text>
That is perhaps over-simplifying the differences but it is basically true...
Think about it for just a little bit...
It takes taxes being raised in order to afford one government job...
Taxes don't have to be raised to afford a private sector job....
Yes they do. you have to pay for the roads, schools, benefits, and everything else, both thru taxes and higher prices. The question is morel ike, is it worth it?

I think it is, more employment, more better.

Our governor really seems to hate employment.

“Each Thought Creates A Reality”

Since: Nov 08

Location hidden

#19 Jan 7, 2013
Hadn't thought about that. Government jobs. Maybe we can all work for the government and have full employment. They produce a lot. Would just have to take over GM, health care, farms etc.. Get into manufacturing and running the railroads. Good idea.

“US Navy”

Since: Jan 10

Location hidden

#20 Jan 7, 2013
Already There wrote:
<quoted text>
Yes they do. you have to pay for the roads, schools, benefits, and everything else, both thru taxes and higher prices. The question is morel ike, is it worth it?
I think it is, more employment, more better.
Our governor really seems to hate employment.
I disagree with your last statement. I think she's taking the stance she is knowing that as time passes the federal $$$ will decrease meaning a loss of jobs in that sector and is trying to open up the private sector so they can absorb them when the money runs out. I also think she's trying to be prudent w/ NM taxpayer $$$ by somewhat keeping the lid on expanding state government employee size, something BTC was damned good at expanding for his buddies. not that she probably hasn't done some of that herself<sigh>. Of course its the legislature who are the biggest obstacle to NMs job growth as we've seen for decades now.

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