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.