Sunday, November 29, 2009

Yes, N.M.’s budget woes are bad. But pain is relative.

With impending service cuts, taxes sure to increase and a cash-short state road fund, life in New Mexico might seem, well, not so enchanting. But it turns out pain is relative. You’re lucky you don’t live in Arizona, Nevada or California. Each state recently made the top 10 list of states in peril, according to a report from the Pew Center on the States. Colorado just missed by a whisker. Yes, New Mexico might face a $1 billion shortfall next year, meaning pain will spread far and wide in the form of service cuts to program and tax increases. But New Mexico looks downright healthy compared to the walking dead among its neighbors. California was given a score of 30, and those states whose scores came nearest to that point based on several factors were judged as the worst off. Arizona scored 28, and Nevada 26, earning them a place in the Top Ten states in peril. Colorado, by comparison, scored a 21, narrowly missing the worst-off list thanks to New Jersey (23), Wisconsin (22) and Illinois (22). Like many other national rankings, New Mexico brought up the rear, scoring a 12, although this time a low ranking was a positive. New Mexico earned a spot among the states least like California, joining Iowa, Montana, North Dakota, Pennsylvania, Texas, Utah and Wyoming...read more

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