Poor Returns on ‘Public Investment’

Big Government has failed New Mexico, but the spending never stops

It’s difficult to even consider the prospect of 2022, with 2020 so miserable and 2021 looking like it won’t be much of an improvement.

But time marches on. The 2022 fiscal year begins in five months and 18 days, and Santa Fe’s politicians and bureaucrats are already jockeying to find the revenue to keep New Mexico’s “public” sector expensive and ineffici…

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