The Legislative Mavens are celebrating buggy whips again. They are happy that our boom-bust revenues derived from the oil and gas boys are in a boom phase again. Instead, they need to do even more serious thinking about how to get out of this vicious cycle of constantly taking one step forward and one step backward on having a diverse economy.
If not, New Mexico becomes no better than places like Appalachia who feel mining coal is still the answer for their economies. New Mexico just becomes another victim of low wages and stagnant job growth under that kind of thinking.
Those folks who live in the oil patch continually elect legislators with connections to the fossil fuel industry. My suggestion is that they abandon this approach and find some good person who sees more to an economy than exhaust coming out of a tailpipe. The sooner the better.
Those folks who live in the oil patch continually elect legislators with connections to the fossil fuel industry. My suggestion is that they abandon this approach and find some good person who sees more to an economy than exhaust coming out of a tailpipe. The sooner the better.
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