Friday, September 24, 2010

Homework Blog #5

In recent news, both candidates for governor have promised they will not raise taxes as they campaign across the state. Republican Susana Martinez was campaigning in Roswell Thursday with New Jersey Governor Chris Christie. She cranked up her promise of no tax hikes from one year to all four years of a governor's term. Democrat Diane Denish says she doesn't see any tax hikes she would support over the next several years.

Both candidates have also promised not to cut state spending on public schools and Medicaid—60 percent of the budget. Money-minded state lawmakers say all those promises mean very deep cuts across the rest of state government as the state continues to see tax revenues plunging in the recession.

What do you think about these candidates promising "No new Taxes?" Do you think that this is a good idea? Do you think whomever wins will hold true to their statement?
-Noriega

Thursday, September 16, 2010

Homework Blog #4

ALBUQUERQUE, N.M. -- This year, the state fair is closed Mondays and Tuesdays to save money during the state's budget crunch, but some vendors aren't too happy about it. Roy Messenger has been selling wands and princess hats at the fair for more than 15 years. He thinks the grounds should have only been closed on Mondays. "Being closed both days, you kind of lose out on a lot of money," said Messenger. But state fair staff said they had to cut the fair's costs, along with every other state agency.

Fair officials said they considered raising ticket prices and vendor fees but decided on closing Mondays and Tuesdays. Michael Henningsen with the New Mexico State Fair said most vendors didn't mind. "Some said it wasn't even worth their time to open on those days, so we thought by doing that, we would save them some overhead, but also save ourselves overhead," said Henningsen. On a normal fair day, about 1,200 people are working at the fairgrounds. When the gates are shut, less than 50 people are needed, officials said. The state fair is also running a $2 admission this Wednesday. Henningsen said the fair may take a hit at the front gate, but it's made up elsewhere.

Fair officials say they haven't tallied any attendance numbers or profit figures yet. They said they'll have to wait to see if the changes will help them stay on budget and boost numbers.

Do you think that closing on Mondays and Tuesdays is a good idea? Do you think that the fair goers would still attend, even if prices went up?
-Noriega