By Paul Gessing | Watchdog Opinion
The 2014 elections represented nothing less than a seismic shift in New Mexico’s political system. Gov. Martinez won re-election handily, but the real story was the Republican takeover of the House of Representatives for the first time in 62 years.
For New Mexico, this political shift is nothing less than a once-in-a-lifetime opportunity to improve itself. New Mexico has traditionally struggled with high poverty rates, poor education levels, and an over-reliance on both federal spending and mercurial commodity prices, particularly oil and natural gas.
In recent years, oil and gas alone have generated 31 percent of New Mexico’s General Fund revenues. Also, according to data from the Mercatus Center, New Mexico topped the nation with 32 percent of its workforce occupied in public-sector and federal-contract jobs as a percentage of total jobs.
With federal employment stagnant, natural gas prices continuing to hover at historically-low levels and the recent collapse in oil and gas prices, policymakers in the Land of Enchantment face a dire need to jump-start the State’s weak private sector. An indicator of that weakness is that New Mexico is home to only one publicly-traded company headquarters, those of PNM, the State’s largest utility.
What is to be done?
For starters, the Legislature is going to be considering several labor reforms, most notably “right to work” legislation. Currently, 24 states have such laws on the books. These laws simply prohibit union membership or the payment of union dues as a condition of employment. Recently, “rust-belt” states of Indiana and Michigan have adopted similar laws.