After more than two decades, there’s precious little ‘return’ from all the ‘public investment.’
Topic: Spaceport America
spaceport located in the Jornada del Muerto desert basin in New Mexico, United States
Space is booming in Texas — it doesn’t ‘need’ corporate welfare
Why is it so difficult to admit that Spaceport America is a complete bust?
New Mexicans are left holding the $275 million bag as Richard Branson moves Virgin Galactic’s manufacturing to Arizona.
Asking the question of why the brain drain exists is a critical step to plugging it.
On June 3, 2022, Bruce Krasnow with the New Mexico Economic Development Department announced the award of over one million dollars in job training funds. New Mexico’s Job Training Incentive Program (JTIP) was originally launched in 1972 as the Industrial Development Training Program and has evolved over its lifespan. JTIP claims to have supported the […]
The personal finance website WalletHub just released its report on 2022’s Best and Worst State Economies. The WalletHub methodology incorporates twenty-eight indicators across three broad categories of economic activity, economic health, and innovation potential. The weighted final score is then used to rank each state. Source: WalletHub As seen before with metrics such as post-pandemic […]
Why are New Mexico’s politicians lining the pockets of these already wealthy and successful entrepreneurs through taxpayer-funded, industry-specific subsidies?