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Posted on 9/16/25 at 1:54 am to AlterEd
quote:
Let all the liberals move there and then build a wall around it.
What bothers you about universal child care? They have a budget surplus and interest from a sizable fund that covers the cost. They have some of the highest poverty rates in the country. If it makes it easier for people to work, get educated, workforce training, etc, why is that a bad thing?
Posted on 9/16/25 at 2:05 am to Powerman
This won’t last as New Mexico can’t go in a deficit per their state constitution, they have a lingering pension fund issue and the budget has went up 7% in 2025. The state ranks on the bottom half economically around 30th while having a large unemployment rate with one of the highest poverty rates. I assume the intention is to provide childcare to get residents in the workforce to generate taxes but that isnt going to happen.
Posted on 9/16/25 at 2:16 am to JKeller34
Land Grant Permanent Fund $31.897B
Severance Tax Permanent Fund $9.83B
Tax Stabilization Reserve Fund $2.19B
Early Childhood Education and Care Fund $7B
They pull out about $2B out of these funds annually but interest has been around $4B. There’s some risk, but a lot of upside.
Severance Tax Permanent Fund $9.83B
Tax Stabilization Reserve Fund $2.19B
Early Childhood Education and Care Fund $7B
They pull out about $2B out of these funds annually but interest has been around $4B. There’s some risk, but a lot of upside.
Posted on 9/16/25 at 2:18 am to Hester5452007
Don’t care will spend it all on the kids
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