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NM has the potential to be a first class retirement location. Its not as hot as Arizona, the winters are mild. The mountains are great. But, here's a few reasons why people don't like NM. Crime has got to be first on the list. Both AbQ and Santa Fe are sanctuary cities and have lots of illegals there. We used to go there to hike or ski, but no more. It just doesn't look good and things are visually going down hill. I'd visit more often on my motorcycle, as the scenery is terrific, but the crime is just too scary, so I'll go to Co., Arkansas, or stay in Texas instead.
Their tax rates are not competitive to states like AZ or Texas, so retirees will stay away. Yes, jobs are declining, that's true. But its true potential is tourism and being a retirement friendly state, but with the factors I mentioned, seniors will look elsewhere.
I should add that NM does have serious oil potential, (which could mean more jobs) but their drilling regulations make it more expensive than Texas, so the drillers are mostly going elsewhere.
Agree about retiree potential. We have family that have retired in AZ & TX and they spend a majority of their time inside because it's too freaking hot. Crime is perceived as high in NM and, that is a consistent red flag when we discuss the potential NM has to offer them. Maybe they watched too many episodes of "cops".
IMHO, Tax rates are tough as NM, and many other lower performing states have the option to completely sell their souls to big business through massive tax abatement and incentives to get them here or continue to lose jobs. Once established, they can make further demands through the threat of layoffs or to pull up stakes all together. Ultimately the public pays for it with increased taxes to cover the gaps and potential environmental impact issues. Not a good position to be in.
Texas will pay the price for all of the drilling going on there. I remember the damage the last oil bust inflicted on the state. West Texas was a mess.
Crime has got to be first on the list. Both AbQ and Santa Fe are sanctuary cities and have lots of illegals there. We used to go there to hike or ski, but no more. It just doesn't look good and things are visually going down hill. I'd visit more often on my motorcycle, as the scenery is terrific, but the crime is just too scary, so I'll go to Co., Arkansas, or stay in Texas instead.
6.114 per 100 people in TX are illegal aliens.
2.022 per 100 people in NM are illegal aliens.
Oh and I disagree that thing are visually doing down hill. In my experience it is the opposite.
Quote:
Crime rate per 1000 residents.
Violent Property Total
AK
4.81 37.54 42.35
NM
5.68 35.32 40.99
TX
4.08 34.72 38.81
Not very much of a difference between 3 of the 4 you listed.
Quote:
I should add that NM does have serious oil potential, (which could mean more jobs) but their drilling regulations make it more expensive than Texas, so the drillers are mostly going elsewhere.
Yeah, we do have restrictive drilling regulations. Though our Oil Rig count has been going up since 2009. About 35 in 2009. A little over 80 in 2012. Of course we can't compete with TX. Nor many any other states.
Some good news on the Oil front.
Quote:
Conference on oil shale scheduled in Farmington
Posted at: 01/16/2013 12:38 PM
By: The Associated Press
FARMINGTON, N.M. (AP) - Speakers from major oil companies and the U.S. Department of Energyare expected to participate in a conference on the potential for shale oil production in the San Juan Basin.
The conference is scheduled to be held March 18-19 at San Juan College.
The Farmington Daily Times reports that local officials hope the Mancos Shale, a geologic layer of the San Juan Basin, will be the next big play in oil shale.
Companies are exploring the Mancos Shale, and the Times reports that its potential for production is unclear.
The basin's emphasis has been on natural gas production.
Crime rates are pretty high in spots, but there are many places in NM where it isn't bad at all. And it's getting better. The crime index peaked in NM in 1997, and has since dropped ~30%.
You can do that in this example by leaving a larger tip. What you are saying is you wouldn't mind if everybody paid a higher price in order for people to make a living wage. This won't achieve the goal you think because if prices are raised across the board, the person that received the minimum wage raise has corresponding less buying power.
Then we should ban cost of living raises a lot of people get every year or two, if our concern is the diminished buying power of those making minimum wage.
Then we should ban cost of living raises a lot of people get every year or two, if our concern is the diminished buying power of those making minimum wage.
amen! my pay has been frozen since 2009 thx to the President and Congress.
Then we should ban cost of living raises a lot of people get every year or two, if our concern is the diminished buying power of those making minimum wage.
Cost of Living raises is a different issue than the Minimum Wage.
I guess some can think up a lot of money issues to complain about. But this discussion is about the Albuquerque Minimum Wage, and that it was raised.
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