Fully one quarter of all jobs in our state are government jobs. From the fireman to the school teacher to the physicists and eggheads at our national labs and military installations, this is a government job state. And then there is another 25% of the jobs that deal with government agencies. From supplying paperclips to building half billion dollar construction projects at Sandia Labs and Los Alamos Labs.
So, when these ill informed leaders want to cut the heart out of New Mexico's economy while giving the oil and gas industry subsidies, someone is bound to notice.
6 comments:
"half billion dollar construction projects"...Try $5.8Billion. That's the latest estimate for a replacement Chemical&Metalurgy "Research" building at LANL. Curious euphamism though - CMR, for a factory to build nuclear weapons triggers, or PITS as they're known in the nuclear bomb business.
Your right Jim. It is a government job state. That needs to change as as NM and the Feds cannot afford pay for all those jobs anymore. And don't say increase "revenue enhancements" , er, I mean taxes. What NM needs is more entrepreneurs and companies doing business in New Mexico. I would prefer to see a couple more of the likes of Intel quit frankly. Why can't we do that?
Oh wait, doesn't Intel get tax property tax breaks and other incentives from the state? Why would you want more of that? Look before you leap.
APRIL 27, 1998:
http://weeklywire.com/ww/04-27-98/alibi_feat1.html
Intel made news all across the country when it received a record $8 billion Industrial Revenue Bond (IRB) from Sandoval County in September of 1995. It was the largest bond of its kind in the history of the United States for a company whose revenues last year exceeded $1.5 billion.
Ah, Intel Bashers! Hey Jim, your starting to get more comments. Nice work.
Actually, I like Intel a lot and feel the incentives really paid off. This is how government does create jobs in a partnership with business.
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