• Slight growth seen in 2013, maybe

    Not much happening for a while. That’s the outlook for the New Mexico economy from the annual economic outlook conference presented last week by New Mexico State University and Wells Fargo Bank.
    Eugenio Aleman, Wells Fargo senior economist, offered the national outlook, beginning with a tautology.
    “We’re closer to a recovery today than we were yesterday,” he said. Aleman sees gross domestic product growth at 1.7 percent this year, about in the middle of projections from other groups.
    Not so much for New Mexico.
    Jim Peach, NMSU Regents Professor of Economics, estimates the state’s 2013 job growth at between zero and one percent.
    That is, if the federal sequestration problem — the across the board spending cuts — gets fixed. Then number of wage jobs in the state might — just might — return to pre-recession levels by 2018. 
    At the Federal Reserve Bank of Philadelphia, Peach found support for his view.
    The bank tracks the business cycle in each state and also groups statistics with behavior, suggesting state economic performance six months in the future.
    For New Mexico these leading indictors show no improvement in the economy and perhaps a decline. Since dropping in 2008, the state’s business cycle has flat lined.

  • Prepare now for natural disasters

    Natural disasters are inevitable, unpreventable and often come without warning. No part of the world seems to be spared, whether it’s a hurricane, earthquake, tornado, drought or flood.
    Even though such catastrophes can’t always be predicted, their likely aftermaths often can, including property loss, power or water service disruption, scarcity of food and supplies or overtaxed relief organizations.
    Superstorm Sandy was a powerful reminder of why it’s vital to develop a family disaster plan.
    By planning ahead and knowing what you might need under dire circumstances, you can save yourselves a lot of time, money and grief.
    The Federal Emergency Management Agency (FEMA) offers great suggestions for developing a family emergency plan, building an emergency supply kit, and learning what to do before, during and after emergencies — even a plan for family pets (fema.gov).
    Once your physical safety has been assured, you’ll inevitably need to access important financial and legal records, whether to file insurance claims, apply for loans or simply withdraw cash.
    Taking these few steps now will make accessing such information much easier when the time comes:

  • Alternative health care

    Workers’ compensation insurers are starting to pay for meditation classes for injured workers.
    That’s a milestone worth noting, because work comp is a pretty conservative system and the last place you’d expect to find anything outside the box of conventional medicine.
    In most cases, a claims adjuster has to review and approve anything unorthodox before it’s authorized for payment. When work comp payers are paying for alternative therapies, something important is happening in the healthcare system.
    There are no statistics, and the numbers are probably small, but alternative therapies are beginning to be accepted, according to presenters at a recent meeting of the New Mexico Workers’ Compensation Association.
    “Mind-body is the future of medicine,” said Dr. David Lyman, a 20-year occupational medicine physician.
    “The acute care models no longer meet our needs.” For workers who don’t recover with conventional treatment, he employs an interdisciplinary approach that includes mental techniques such as biofeedback.
    David Lang, a massage and neuromuscular therapist and a former member of the New Mexico Massage Therapy Licensing Board, said New Mexico is a leading state in the development of integrative medicine.

  • Political follies roll on in D.C.

    SANTA FE — If there is anything that can make the New Mexico Legislature look good, it is the follies going on in Washington, D.C.
    Both groups share one commonality. There’s a lot of talk but not much is going to get done.
    In Santa Fe, House Democrats can stop Republican Gov. Susana Martinez’s meager agenda. Senate Democrats also are the majority party but some of those Democrats have joined with a united Republican party and it appears that coalition is going to be able to stop anything Democrats want to get to the governor’s desk.
    To demonstrate that politics is equal opportunity, the situation in Washington is reversed but the partisanship is unchanged. A Republican House and a Democratic Senate that requires a 60 percent vote instead of 51 percent means little can be accomplished in that body.
    Congress came back to do a little work this week but will spend most of its time fighting. By Friday it has to figure out how to avoid the big boulder it put in its road, called sequestering. They won’t let it happen because that cuts everything equally, which means too many pet projects get hurt.
    Congress will waltz around that boulder, somehow, only to run into the expiration of a continuing resolution that runs the government out of money.

  • Soliciting comments

    The N.M. DOT held an open house on Feb. 20 to solicit comments on the latest conceptual design for N.M. 502.
    This might be the last opportunity for public comment on the major features of the road. I didn’t count, but I’d guess there were roughly 50-75 people in attendance. That seems like a pretty small sample on which to base a decision that affects everyone in Los Alamos (though less so for White Rock residents).
    I think the single design feature that most determines the nature and quality of the road is the proposed roundabout at Central and Trinity.
    For me, the biggest single question associated with an artery like Trinity is, “How easy is it to get from where you are to where you would like to be.” From this perspective, a roundabout is a poor choice. Here are the reasons.
    The roundabout proposed is somewhat like that installed at Diamond and San Ildefonso. It is a hybrid, with some aspects of a single lane roundabout and some portions that will behave like a two-lane roundabout.
    However, there are some important differences between the two intersections. First, the traffic is somewhat heavier at Central and Trinity. Second, the traffic pattern is very different. This makes a significant difference in the efficiency of travel in different paths, as well as for access by pedestrians and bicycles.

  • Compromise is not a four-letter word

    We’ve passed the mid-point of this 60-day legislative session. Time to “evaluate” the new leaders. Weighing in were Joe Monahan, one of the state’s most popular political bloggers, and El Paso Times reporter Milan Simonovich.
    Monahan has consistently painted Senate President Mary Kay Papen as a conservative who will sell out the Dems to appease the governor, but Papen describes herself as a fiscal conservative who is liberal on many other issues.
    For some reason, the political hounds gave House Speaker Ken Martinez, D-Grants, a little honeymoon before finding him wanting.
    Martinez’s offense? His willingness to compromise, a sign of weakness in the minds of some. Monahan pronounced Martinez wimpy, and Simonovich jumped in with this: “Martinez is either the biggest underachiever at the capitol or New Mexico’s version of Dr. Jekyll and Mr. Hyde. He vacillates between coddling fat cats and protecting the most irresponsible people ever to lace up a pair of work boots.”
    Martinez has made it clear from day one that he intended to listen and to work with his political adversaries. “Compromise is not a bad word,” he said recently.

  • Tying up some loose ends

    SANTA FE — I have written on several occasions about the misdirected wrath aimed at the National Rifle Association for enriching itself as a result of the introduction of gun control legislation in Congress and probably every state legislature. 

    The NRA was created to be the lobbying and political action arm of the gun manufacturing industry. 

    Everything it does is perfectly legal and it includes gun safety courses an other public service projects. 

    Many industries have such organizations. 

    Years ago when I was representing school employees, I was standing in line at the Secretary of State’s office to register our organization when a good friend ahead of me registered New Mexicans for Better Roads. 

    I mentioned to him that I never had heard of that organization. He replied that since the state had some surplus money that year, the word was that road improvements would be a likely recipient. 

    So highway contractors had hired him to help channel as much money as possible into the state road fund. And why not improve your image by calling the entity New Mexicans for Better Roads? It doesn’t really have any members, he said. It’s just an old trick. 

  • Hiring a tax preparer

    The U.S. tax code grows more complicated every year and currently spans thousands of pages – even government experts can’t agree exactly how long it is. So it’s not surprising that millions of Americans hire professional tax preparers to complete their returns.

    Relinquishing the onerous task of calculating your taxes to a professional may save you time and give peace of mind – they know more about tax law than you do, right? 

    But remember: You’re still legally responsible for all information on the return. 

    So if the preparer makes a mistake or intentionally defrauds the government, you’ll be on the hook for any additional taxes, interest and penalties – even possible prosecution.

    The IRS notes that although most tax return preparers are professional, honest and serve their clients well, taxpayers should use the same standards for choosing a preparer as they would for a doctor or lawyer, and be on the lookout for incompetence and criminal activity.

    There are several basic types of tax preparers: certified public accountants, IRS-designated enrolled agents, tax attorneys, storefront agents (think H&R Block) and self-employed preparers.

  • An apology to the dittos


     Recently, I found myself in the uncomfortable position of having to admit that I’m wrong.  I was accused of misrepresenting the NRA and yes, I did exactly that.

     I erroneously accused Wacky Wayne of being, well, wacky.  That he’s an idiot and didn’t know what he was saying.  I misrepresented the NRA as an organization of fools who don’t know shootola from shinola.

     I was wrong.  The NRA knows exactly what it’s doing.  They’re selling a product and they’re really good at it.

     And I have to thank my new best friend, Skippy, for setting me straight.  I now see the infinite wisdom of arming teachers.  

    The only thing that will stop a bad guy with a gun is a good guy with a gun.

  • One big tax proposal seen among many of slight importance

    The final day for introducing bills into the 2013 legislative session came Valentine’s Day.
    My attention has gone to examining the diversity of the state, and I haven’t paid detailed attention to the session. Huge controversies have stayed hidden in the woodwork. Not that nothing is happening. Legislators have introduced 1,218 bills. Some are duplicates, with one introduced in the House and one in the Senate. A few are “dummy bills” with language about serving the public good that can become real bills later if needed.
    Still, much stuff is kicking around the Roundhouse. For those concerned about taxes, the New Mexico Tax Research Institute (www.nmtri.org) provides an invaluable tracking resource through its free online newsletter, “Tax Matters.”
    The urge to tinker with the tax code appears a common element in obscure proposals. Certainly all these proposals will make New Mexico better. After all, the tax code is a fragmented mess, so what’s one more totally reasonable exception. Let’s do something for group A or industry B.