New Mexico: No recession since 1950's

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New Mexico: No recession since 1950's

New postby blueangel on Wed Apr 02, 2008 7:42 am


The New Mexico economy hasn't had a recession since the 1950's! link [www.abqjournal.com]

This is largely attributed to the fact that so many people here are employed by the government.

If government spending can make our economy that resilient, can you imagine what the national economy would do if government spending were decreased considerably?

Government spending/jobs helps to stabilize the economy.

Discuss.
blueangel

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