According to 24/7 Wall Street (as received from Yahoo!), New Mexico is the 2nd-worst-run state in the entire nation, beating out only California. Astonishingly, the publication ranked us lower than Illinois a state that has been a basket case for years. According to the report’s entry for New Mexico:
The state’s debt load relative to its size was average, and its budget shortfall of 8.3% for going into fiscal 2012 was better than many states. Outside of fiscal management, however, New Mexico performed poorly in several areas in several areas. The state was among the worst 10 nationwide for violent crime, high school graduation rates among adults, and health insurance coverage. More than one in five residents lived below the poverty line in 2012, worse than all states but Mississippi. Last year, state GDP grew by just 0.2%, worse than all but a handful of states.
The specific rankings and tools contained int the report are relatively broad and somewhat unrelated, but when taken as a whole, they certainly don’t contain good news for the Land of Enchantment.