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State still last in job growth

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Posted: Wednesday, January 22, 2014 9:00 pm | Updated: 11:55 am, Thu Jan 23, 2014.

A year ago, when the New Mexico Legislature convened for a 60-day session, the state was dead last in job growth.

A year later, New Mexico is still dead last in job growth.

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Welcome to the discussion.

5 comments:

  • Carolyn Garcia-Martinez posted at 9:05 pm on Thu, Jan 23, 2014.

    CarolynDM Posts: 419

    Clean up the welfare and disability sponges in this state. Too many people on both that are capable of getting a job. Leave it for the people that really need it.

     
  • Jonathan Hunter posted at 12:45 pm on Thu, Jan 23, 2014.

    Jonathan Hunter Posts: 6

    Best of luck with those efforts. I believe that there are underlying structural issues that have a lot to do with the narrative of Northern New Mexico, that left unaddressed, will sabotage every dollar and effort thrown at the symptoms.

    As long as corruption is rife at the upper echelons of politics, everyone on down believes it's ok to do the same. Not much gets achieved, and there is an undercurrent of shame tingeing the slow downward spiral. Integrity gone, trust follows, and bodies with wallets move away.

    Shift the narrative, and we can create a future here. That's the trim-tab.

     
  • Donado Coviello posted at 10:36 am on Thu, Jan 23, 2014.

    Cove Posts: 336

    I was embarrassed for our Governor having to the quote as an accomplishment a sparkle cleaning company that now employs 400 people as an optimistic example of job creation. I am also shocked on how many people think government can do anything about a single job no less solving the problem. But for it's worth about this article ... Democrats should defer to the Governor on Education and Republican should defer to Democrats when talking about Jobs.

     
  • Cathy McManus posted at 9:50 am on Thu, Jan 23, 2014.

    CMcManus Posts: 40

    I agree with Greg Mello but also believe that unless NM addresses the issues of water many companies and individuals will be reluctant to invest in NM. The "ideal state" in my mind is one that would provide a single payer healthcare system, run on 50% renewable energy and discourage oil & gas development, invest in infrastructure improvements and subsidize higher education. There is not much appeal to live and work in NM. Lowering corp taxes is not enough.

     
  • Greg Mello posted at 7:05 am on Thu, Jan 23, 2014.

    Greg Mello Posts: 17

    Dear Bruce --

    Thank you for this very informative piece. New Mexico has made little progress in addressing its most serious social and economic problems, so our competitive disadvantage is increasing due to the cumulative effects of entrenched poverty, poor educational attainment, drought, rising income disparity, and more.

    The miniscule efforts outlined here will not be successful. Haven't we seen the same optimistic spin on such window-dressing "solutions" for decades? The appropriate cautions quoted, that these efforts will take years, are correct, but even so they assume a resumption of real, not fictitious, economic growth in the U.S. overall, which is a problematic assumption at present and for the foreseeable future. Apparent recent real growth in U.S. GDP is the result of statistical legerdemain, as discussed by John Williams (Shadow Government Statistics) and, even better, by Dr. Tim Morgan at Tullet Prebon in London.

    For the most part (not all), the steps proposed are very minor incentives for private sector decisions to choose New Mexico for its comparative advantages to firms, not to New Mexico and its citizens. And it is there where we should begin, with the citizens and especially the children, for whom realistic career paths are needed now, not in 7 years. Those paths beckon. The billions needed to build them are present already, in state coffers and in the accounts of our wealthiest. It's not hard to devise a far better plan; what's missing is will.

     
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