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Gary Johnson for President
Date posted - January 30, 2014
I want this man representing me! Anyone else? Sound off $.02!
Gary Johnson’s track record as governor of New Mexico, 1995-2003:
Gross state product (in current dollars) grew from $38.6B to $53.5B, up 38.6%.
State budget went from $6.33B to $7.95B, 2.9% annual compounded growth.
State revenues rose from $5.01B to $7.74B, a 5.5% compounded annual increase.
Inherited a budget deficit of $1.32B. Submitted a balanced budget in 2003, the legislature added spending to produce a $209M deficit, which he vetoed, but the veto was overridden. Taking into account general reserves, left NM with a $1B in surplus funds.
Taxes: cut top rate for personal income tax from 8.5% to 8.2%. Cut gasoline tax 6 cents/gal. Also cut state capital gains tax and unemployment tax. Per-capita personal income rose from $17,772 to $24,977, a gain of 40.5%.
Unemployment rate dropped from 6.5% to 5.7%.