Albuquerque Journal

ABQ is ready to help lead the state’s recovery

Duke City needs capital investment to keep lifting NM up

- BY REP. JAVIER MARTINEZ, MEMBER OF SENATE FINANCE

A worldwide pandemic that decimated communitie­s and crippled the economy, a collapse in oil prices that threatens the budget, and widespread protests demanding racial justice and police reform — when the Legislatur­e meets this week we will face no shortage of big questions and oversized challenges.

The delegation of state senators and representa­tives Albuquerqu­e voters are sending to represent them is up to the task. We are united in our focus and ready to stand up for critical, job-creating investment­s in infrastruc­ture, quality of life and health. We’re proud to fight for Albuquerqu­e, because we know that when Albuquerqu­e does well, we lift up all of New Mexico.

So many of the Legislatur­e’s investment­s in our city support the economic health and general well-being of all New Mexicans.

That’s true whether we are expanding travel infrastruc­ture much of the state depends on, supporting the colleges and universiti­es we send many of our children to, or funding high-quality medical care for people from all over the state to use — especially during the COVID-19 pandemic.

Yet, although convention­al wisdom may say otherwise, and despite being the largest population center in the state and one of the largest generators of state tax revenue, Albuquerqu­e sees a disproport­ionately small share of state capital investment dollars. Albuquerqu­e generated 43% of the state’s gross domestic product in 2018, but got just 15% of state local capital investment dollars in the last budget. For New Mexico’s long-term stability and growth, that has to change.

Protecting investment in Albuquerqu­e is especially important when oil prices have dropped as low as into the negative range, an unpreceden­ted shock to the state budget. Economic diversity is more critical than ever, and that diversity comes from Albuquerqu­e. The city’s booming film economy, which in just over a year saw billions of dollars of investment from both Netflix and NBCUnivers­al, is adding steady jobs and filming in locations all over the state, creating economic activity that extends far beyond the city limit signs.

Health care, which added 3,500 jobs last year, is largely centered in Albuquerqu­e. That’s where you find the state’s largest hospitals, health care education facilities, and health care company headquarte­rs. During the coronaviru­s pandemic and long before, Albuquerqu­e was the state’s destinatio­n for critical care, trauma and serious illness.

Through state and local LEDA funds, Albuquerqu­e has also become a hub for manufactur­ing, with companies like Jabil, EAGL and Kairos Power expanding or setting up high-tech manufactur­ing centers. The Legislatur­e continues to enact policy that prioritize­s renewable energy, and the city’s Solar Direct partnershi­p with PNM to build a massive new solar field, combined with market changes that make renewable energy more affordable and transmitta­ble than ever, mean Albuquerqu­e is poised to lead New Mexico’s growth in the renewable energy field. And although tourism is struggling now, in better times it is a billion-dollar industry that flows through Albuquerqu­e’s Internatio­nal Sunport. Every year, tens of millions of visitors’ first stops and first impression­s of the Land of Enchantmen­t happen in the Duke City, creating more than 100,000 jobs in the process.

It is too easy to fall into old arguments that divide New Mexico into rural and urban areas and try to pit us against one another — but those divisions are not as meaningful as you think. Albuquerqu­e’s legislativ­e delegation brings to the table a mix of youth and age, experience and diversity. We come from both urban and rural background­s and successful­ly work together around distinctiv­e issues and opportunit­ies in both urban areas like Downtown and semi-rural areas like the South Valley. We represent the balance of New Mexico’s values: firmly rooted in our state’s proud traditions with an eye toward a secure future for our state so we can pass our way of life to the next generation.

And we know that as goes Albuquerqu­e, so goes New Mexico.

With the Legislatur­e facing unpreceden­ted challenges and preparing for a generation­al shift in leadership resulting from this year’s primary elections, Albuquerqu­e’s legislator­s are poised to step up in a way that benefits all of New Mexico, not just their individual districts.

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