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834 John Lonergan - New Mexico's Hostility Towards Business and Entrepreneurs
John Lonergan is a Santa Fe-based entrepreneur and venture capitalist with a long track record of successes. He is also a job creator and investor. His current work is as Chairman of American Fertilizer.
He attempted to build a fertilizer plant in New Mexico (near Hobbs) but was thwarted at every turn by the State's political class. Ultimately he shifted the plant to business-friendly Wyoming.
Paul and John discuss the challenge of entrepreneurship and job creation in New Mexico and why hostility toward entrepreneurs holds New Mexico back.
The skinny
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