Now that the Legislature has passed a $180 million solvency package that rescues the state from a dangerous current-year budget crisis – with strong bipartisan agreement – lawmakers must turn promptly to the serious jobs crisis afflicting New Mexico.
Today, too many families and young people in our state are confronted with poor prospects of finding or getting a job. The truth is that too many residents are living in real economic distress, and anxious about the future for themselves and their children.
We continue to have the highest unemployment, now at 6.6 percent, while the rest of the nation and region prosper. Young and better-educated New Mexicans are leaving our zero-growth employment state for better-paying and more available jobs in Texas and Colorado, and elsewhere. Democrats are taking action now in this 60-day session to restore their hopes and dreams.
Our current policies are failing us and a new direction is needed. The Legislature and the executive together must act boldly, and quickly, to meet the economic challenges New Mexico faces. The lack of jobs is driving the ongoing budget crisis, too.