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New Mexico tops States in Death Spiral says Forbes

I know many of us who own businesses here in New Mexico have been aware of this for years but have never been able to measure or validate it. But Forbes has and the news is not good. New Mexico tops the list of Death Spiral States in this recent article in Forbes. Basically you have makers and takers. Makers are those in the private sector that fuel the economy. Takers are those who burn the fuel either in a government job or on some form a government pension. The ratio should not be over 1.0 (one taker for every maker). In New Mexico, it is 1.56., the highest in the US.

Tags: Forbes, Mexico, New, economy

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Permalink Reply by Victor Gomez on March 5, 2013 at 1:24pm

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Permalink Reply by Victor Gomez on March 5, 2013 at 3:53pm

I guess my reply was not acceptable as it notified me I could edit it for 15 minutes......a couple hours later I am still waiting for it to print my message...so be it.