Sunday, November 20, 2005

Experts disagree on lab's impact

By ANDY LENDERMAN | The New Mexican
November 20, 2005

The U.S. Department of Energy will spend more than $4.4 billion in New Mexico this year.

As the sun sets on the old way of managing Los Alamos National Laboratory, one of New Mexico's senior economists and two nuclear-disarmament groups argue about whether that's a good thing for the state.


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"Waldman said Los Alamos' effort to create new jobs has had "some success, but not a whole lot."

He agreed with Jones that Northern New Mexico has not seen technology booms like other places -- Austin, Texas, and the Silicon Valley of California, in particular.

New Mexico businesses need more start-up money, known as venture capital, and more business expertise to help them flourish, Waldman said."

To compare Northern NM to Silicon Valley and Austin is ludicrous. The term "venture capital" needs to be defined? I hope these people are not surprised by the absence of a technology boom in Northern NM.
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