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Researcher: Why corporate welfare doesn’t work — in NM or any other state

By   /   November 12, 2012  /   No Comments

Whether it’s liberals who insist that New Mexico should provide tax breaks or subsidies for “green” jobs and the movie industry or it’s conservatives who call for favors for manufacturing or extractive industries, Adam Thierer says both approaches are wrongheaded.

The senior research fellow at the Mercatus Center at George Mason University, which promotes free-market applications to public policy questions, says New Mexico is better served when the state government doesn’t play favorites — even for specially-targeted attempts to boost the state’s economy.

We had a chance to talk to Thierer, who advocates for a level economic playing field for all states to follow. Here’s our interview, which runs just over 5 minutes:

 

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Rob Nikolewski is the National Energy Corrrespondent for Watchdog.org. He is based in Santa Fe, N.M. Contact him at rnikolewski@watchdog.org and follow him on Twitter @NMWatchdog.

  • Paul White

    Finally someone making some sense! It irks me when both parties target tax breaks or incentives. The republicans went after NPR when the oil companies with their enormous profits are getting 100,000 times the tax breaks.

    Why doesn’t the republican party go after the big oil companies as well? Thierer thinks we need to think through these issues rather than stick with cronyism which doesn’t seem to be working. Our elected representatives need to consider the long term affects of cronyism.

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