The Puerto Rico model?

This interesting article discusses what is currently happening in the US protectorate of Puerto Rico. The conservative, Republican governor of the island has cut taxes and reduced the size of the government work force. So far, the result is a dramatic reduction in unemployment rates, a 70% drop in the deficit, and credit rating upgrades that have allowed for increased bond sales and a reduction in interest payments.

Sounds like a model for New Mexico and the federal government as a whole. At the very least, policymakers and the media need to watch what is happening there very closely.