Congress needs to stop playing with economy

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 […]

Federal Reserve officlals plan presentation at ENMU

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?” […]

Report: Roosevelt County economy holding steady

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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 […]

Obama policies fail to revive economy

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 […]

Let’s subject CEOs to drug testing, too

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, […]

Increasing taxes won’t stabilize U.S. economy

Freedom New Mexico That queasy feeling Americans had in September 2008 when the bottom fell out of the financial markets has returned. Is the American economy slipping back into recession? Last week, the Dow Jones industrial average lost 699 points, or 5.75 percent. After the stock market closed Friday, Standard & Poor’s, one of the […]

Their view: Government proposal stifling to small businesses

Kmele Foster, a small-business owner who serves as the chairman of America’s Future Foundation, believes government micro-management is smothering the economy.

Our view: Endangered species put economy at risk

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 […]

Martinez has won rewarding job

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 […]

Weather hampers fair’s bottom line

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Jared Tucker The weather is to blame, not the economy for low revenue amounts at this year’s Roosevelt County Fair, according to officials. However, not all of the numbers were down. Livestock sales shattered economic fears of decreased sales this year, according to Joi Levacy, the secretary of the sale committee. Levacy said the 54 […]

Ag Expo comes to close

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By Clarence Plank: PNT staff writer The annual Ag Expo ended Wednesday with attendance slightly below last year, with icy road conditions the first day and a bleak economy. Roosevelt County Chamber of Commerce Executive Director Sharon King said more than 3,000 attended, including 2,655 ticket holders and 450 vendors. A year ago, the Expo […]

New year brings clean slate

By Joan Clayton 2009 has come and gone with its challenges. With so many issues in government, chaos in culture, economy and all kinds of personal situations life would seem to be the pits. Not so dear reader. We are living in the “meanwhiles.” Whatever our life span covers, the real life is “losing your […]

Health care overhaul needs new approach

Freedom Newspapers Despite a belated recognition that most Americans care more about lost jobs and the faltering economy than an effort to increase government control over one-sixth of the economy, President Barack Obama has made passage of some sort of health care revision his signature issue. He wants something he can sign by early next […]

Letter to the editor: Biggest critics have hands held out

Biggest critics have hands held out Several recent stories in the paper highlighted the fact that Clovis and Portales have not been hit nearly as hard by the recession as most of the rest of the country. But there has been little discussion as to why. There are two main reasons. 1. We have a […]

Economy pressuring business promotions to recruit, keep customers

By Kevin Wilson: Freedom New Mexico Whether it’s assurance at the pump, assurance in the laundry room or a few bucks to pad the wallet, businesses are doing what they can to bring in new customers and retain the old ones in a difficult economy. Count First Community Bank among those, with a plastic 5-by-7 […]

Big government on president’s true agenda

Freedom New Mexico It is almost difficult to parody the incoherence of the Obama stimulus plan and administration statements about the state of the economy in the past couple of days: Although only 6 percent of the $787 billion stimulus package passed in January has been spent, it has done the trick nicely, and the […]

Global warming numbers need re-examination

Freedom New Mexico If fighting global warming may cost the economy $9.6 trillion and more than 1 million lost jobs by 2035, as the Heritage Foundation forecasts, it’d be a good idea to be sure there’s a sound basis before making such a massive sacrifice. We’ve noted before that climate change is occurring as it […]

Fuel economy legislation costly for consumer

Freedom Communications T he late economist Milton Friedman used to say the insights offered by the discipline of economics can be summed up in a simple phrase: There ain’t no such thing as a free lunch. The eternal desire of politicians is to disprove this simple maxim by trying to offer free lunches through the […]

Editorial: “Green job” push cause for concern

Rather than stimulating the economy, government efforts to create “green jobs” probably have the opposite effect, judging from experiences where the tactic is employed, and numerous studies: Massive taxpayer subsidies are required, higher energy prices result, and existing jobs are lost, according to a new study by the U.S. Senate Subcommittee on Green Jobs and […]

Perspective needed on economy

By Tibor Machan: FNM columnist As one who tasted a bit of Nazism and communism, today’s economic fiasco strikes me as relatively mild as human disasters go. For starters, many in America remember the Great Depression and World War II, both of which devastated millions of lives, destroying the bulk and arresting even more. The […]