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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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Since 2010, Rob Nikolewski has covered New Mexico politics and investigated fraud, waste and abuse in government. He also writes an opinion column in the Sunday editions of the Santa Fe New Mexican. Rob joined New Mexico Watchdog after 20 years in television as a sports anchor and reporter. He anchored at MSNBC, New York City, Boston, Pittsburgh, Phoenix, Reno and Boise, winning three regional Emmy awards along the way. He holds a master's degree in journalism from Northwestern University, a master's in public administration from Columbia University's School of International and Public Affairs and a bachelor's degree in journalism from Trinity University in San Antonio.

  • 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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