Contact
Fund early childhood education now for NM’s future
Michael Padilla
New Mexico has a real opportunity to get our children excited about learning at a very young age by properly funding early childhood programs. Simply by investing a very small portion of the state’s permanent land grant fund, this can become a reality.
In this year’s legislative session there were two bills making their way through the Legislature (HJR 15 and SJR9) that could have positively altered the face of New Mexico for decades. These bills would not only have had the impact of getting our children off on the right foot for the rest of their lives, but would have also had a lasting effect on our economy.
This legislation would have pumped hundreds of millions of desperately needed new dollars into the struggling New Mexico economy over the next decade. In addition, the return on investment for high quality early childhood programs has conservatively been estimated by the Nobel Prize winning economist from the University of Chicago, Dr. James Heckman, to be 10 percent per year, per child for the rest of that child’s life.
Certainly, even Senators Papen and Smith can understand that this is the best investment we can make for New Mexico. (Editor’s note: Both opposed these bills; see here and here.)
Creating jobs for decades
The key objective of this legislation is to take a portion of New Mexico’s permanent land grant fund and commit it solely to high-quality early-childhood programs across the state. The fund itself will not shrink, only grow at a less rapid rate. The return on investment, however, will be enormous and have multiple positive benefits.
In addition, this legislation has a sunset clause after 10 years as well as multiple safeguards and mechanisms to stop this initiative if it is not achieving its objectives. This is good government and something that all business people should fully embrace.
As a business owner, I’ve supported numerous economic development initiatives funded by the state. Some have proven successful and others have been complete failures. Many of these programs have focused on tax breaks for large out-of-state corporations that promise new jobs. Unfortunately, the jobs never seem to materialize in the numbers promised and often don’t last more than a few years.
This legislation will create jobs for decades, because we will begin to truly develop a quality workforce from the earliest opportunity, which will ultimately help New Mexico become significantly more competitive when it comes to recruitment of new business. Companies are looking for the best and the brightest workforce, and this legislation will develop such a workforce across New Mexico, not for the short run, but for generations.
Other positive residual effects of this legislation will be reduced dropout rates, increased earning potential for future generations, reduced crime and many others community benefits.
Governor Martinez and the Democratic legislature should work together in a bipartisan fashion to make this a reality as soon as possible.
Michael Padilla is running for state senator in District 14. He grew up in Bernalillo County’s South Valley and is a father and a small business owner.
3 comments so far. Scroll down to submit your own comment.
Leave a response
You must be logged in to post a comment.
As a mother of an Autistic child, I fully and wholeheartedly agree with Mr. Padilla’s commentary. Early childhood education MUST be funded, and this should be the main focus of this commentary, NOT personal opinions regarding the author of this article which may in fact be violating the policies of posting comments on this site, especially perhaps be in favor of another candidate’s agenda.
That being said, these two bills are SO important for our children’s future, and I really hope the current Administration makes this happen, for my child’s sake, AND for my future grandchildren.
The private prison for profit industrial complex is licking it’s chops at the manufacture of human misery units being produced by the lack of an evolved vision for our children.
I am 100% behind funding early childhood education in NM, especially through the proposed constitutional amendment that would have allowed voters to choose whether or not we wanted to use a very small portion of the $10 BILLION permanent fund. What bothers me, is that people like Senator Mary Kay Papen, and Senator John Arthur Smith did not allow the voters of NM to decide if this was something that WE as voters wanted to do. They took it upon themselves to say NO for us. That’s just sad, and they shouldn’t have that power!
Now, having said that, I must object to the author of this article as making himself the spokesperson for this issue. This man has had more scandals associated with his character than a lot of other good people who should be out in front of this issue. Mr. Padilla is the WRONG person to try and get good people in support of this issue. Here’s a recent article about Mr. Padilla that is concerning to me, which includes his history at Albuquerque’s 311 center. http://www.abqjournal.com/main/2011/07/26/news/license-verifications-to-cost-49000.html