Area communities receive grant money

CNJ staff Local municipalities are set to receive $1.5 million of allocations in Community Development Block Grant money. The allocations, made Wednesday in Albuquerque, were part of five, granted to entities within the Eastern Plains Council of Governments, which helped lobby for the monies. Gregg Williams, director of economic development for EPCOG, said he was […]

EPCOG sharing grant money

CNJ staff The Eastern Plains Council of Government is one of seven New Mexico groups that will share in more than $2 million in economic development grant money, according to a release from U.S. Sen. Tom Udall, D-N.M. EPCOG is a consortium of seven counties in eastern New Mexico and helps local governments with infrastructure […]

Raymond Mondragon’s appointment to Economic Development Commission confirmed

CNJ staff A state Senate committee has confirmed the appointment of Clovis’ Raymond Mondragon to the state’s Economic Development Commission. Gov. Bill Richardson appointed Mondragon to serve on the nine-member committee, according to a press release. The Commission advises the Economic Development Department on policy matters and helps create the state’s five-year economic development plan, […]

Economic recovery begins by spending locally

By Clyde Davis: Local columnist Having gone online this morning, I find that I can replace my old Flexible Flyer sled — the one with the wooden bed and the metal runners — by mail order for about $130. That’s not bad, though I have no idea how it would compare to what my parents […]

USDA announces new dairy economic loss assistance payment program to provide financial relief to struggling dairy producers

WASHINGTON, Dec. 17, 2009 — Agriculture Secretary Tom Vilsack today announced the implementation of the new Dairy Economic Loss Assistance Payment (DELAP) program. The 2010 Agricultural Appropriations Bill authorized $290 million for loss assistance payments to eligible dairy producers. “Through this program, eligible dairy producers will receive economic assistance that will help stabilize their operations […]

Fed’s claim of job creation poor wording

Freedom New Mexico Washington claims 640,000 to 1.5 million jobs have been created or saved by the $787 billion economic stimulus plan. With only about 15 percent of the money spent so far by those intended to receive it, at this rate America might implausibly end up with more new jobs than available workers. Has […]

Nobel prize justly awarded to pioneers

Freedom New Mexico With all the hoopla over the fellow who was awarded the Nobel Peace Prize, the prize in Economic Science for 2009 has received less attention than usual. The recipients, Elinor Ostrom of the University of Indiana and Oliver Williamson of the University of California-Berkeley, did pioneering and practical work in understanding how […]

Environment lesser issue to worry about

Freedom New Mexico Political and economic realities threaten the Obama administration and the European Union’s mutual quest to combat global warming. Temperatures aren’t helping much, either. Globally the warming trend effectively ended more than a decade ago. These inconvenient facts don’t bode well for December’s climate summit in Copenhagen, Denmark, where campaigners against global warming […]

Energy answers lie in shale beds

By Jim Constantopolous: Guest columnist As the United States begins to pull out of the worst economic crisis since the end of World War II, energy policy has taken on increasing importance. President Obama has called on Congress to pass legislation that would reduce America’s dependence on foreign oil. The administration is correct in doing […]

Growth committee proposing executive director hire

By Sharna Johnson: CNJ staff writer An office for an executive director/planner for the Local Growth Management Committee will be in Portales if the committee is awarded a federal grant. The decision was made during a committee meeting Tuesday at Clovis City Hall. The committee is comprised of representatives from Clovis and Portales. The position, […]

CIDC director touting new “quality of life tax”

By Kevin Wilson: CNJ staff writer Economic development dollars are available to New Mexico communities for industrial plants that bring in new economies. Chase Gentry and others across the state want those dollars to enhance what’s already there, as well. Gentry has been touting a “quality of life tax” at recent public meetings. It would […]

Fiscal recovery still plagued by toxic assets

Freedom New Mexico There are signs that the financial system has stabilized somewhat, unemployment is not rising as quickly as it had been for a while, and there are preliminary signs of economic recovery. But the “toxic assets” — bad loans, mortgage-backed securities — that were to a great extent at the heart of the […]

Leadership group to meet Clovis

By Kevin Wilson: CNJ staff writer A networking group focused on bridging economic concerns faced in eastern New Mexico and west Texas is making its first Clovis visit tonight. The Southeast New Mexico and West Texas Leadership Group, which encompasses representatives from area communities, expects to have about 100. They meet at 5 p.m. in […]

Real contentment is as rare as it is priceless

By Curtis K. Shelburne: CNJ columnist During these difficult economic times, I’ve often heard someone say, “Well, one good thing always comes from tough times. People are reminded of what matters.” I think those folks are saying that difficult times often cause us to reassess our priorities. In tough times we get the opportunity to […]

Bracing for growth

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Freedom New Mexico: Argen Duncan Dr. Arnold Etkins fills out paperwork in the Roosevelt General Hospital emergency room. Planners believe Curry and Roosevelt County hospitals have the capacity to handle expected the population growth from Cannon Air Force Base. By Argen Duncan: Freedom New Mexico The communities in Curry and Roosevelt counties are well positioned […]

700,000 New Mexico working families to benefit from making work pay tax credit

The United States faces the most severe economic and financial crisis in generations. Tragically, much of the damage has fallen principally on Main Street.

N.M. SENATORS: N.M. MILITARY INSTALLATIONS SLATED FOR NEARLY $90 MILLION FROM ECONOMIC RECOVERY PACKAGE

WASHINGTON – U.S. Senators Jeff Bingaman and Tom Udall today reported that at least $87 million will be spent on upgrades at New Mexico military installations.

No fluff behind belly button article

By Karl Terry: CNJ columnist With the economic news a bit on the gloomy side these days, I’ve been inspecting my navel a lot more as I’m sure you all have. Therefore I wasn’t surprised to see a story on belly button lint or fuzz on the newspaper Web page I was reading earlier this […]

Film industry wins fight to keep incentives

By Robert Not: The New Mexican The sponsor of a legislative effort to kill the state’s popular film-production incentives said Tuesday his bill is dead. Rep. Dennis Kintigh, R-Roswell, acknowledged defeat after film industry supporters passionately argued that the movie business is their economic life blood. HB725 would repeal the 25 percent tax credit and […]

Bingaman discusses omnibus package

Sen. Jeff Bingaman, D-N.M., spoke to radio reporters Tuesday about the economic stimulus package, and the 2009 omnibus spending bill that is before the Senate this week.