Wednesday, September 7, 2011

This is Economic Development?

Two television shows filmed (taped?) in Albuquerque will end after their respective fifth seasons. They are “Breaking Bad” and “In Plain Sight.” Wrung hands have ensued. But consider another perspective, the economic development perspective. Had a developer appeared before the developer’s board with the proposition below, that developer would have been laughed out of town if the board was at all sentient. Here’s the deal: 100 employees. (excellent!). Part time, eight months a year at best. Five years in business would be considered a great success. One or two years is more likely. We, the local and/or state government, kick back to the company 25% of all spending in New Mexico. We think we can find more such companies, but there is no guarantee.

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