Subsidizing Hollywood: That’s a Wrap?

Bernardo Saracino should stick to acting.

Last week the New Mexico native, who has a role in the critically acclaimed film Sicario, told KRQE: “Albuquerque is definitely on the map. No matter whom I talk to, when they ask where I’m from, I’m like ‘Albuquerque’; they’re like ‘wow there’s a lot of work there.'”

Not exactly. Bureau of Labor Statistics data indicate that film-and-video employment in the state is declining:

filmvideo

Writing in the weekend edition of The Wall Street Journal, Chris Hudson and Donald Bryson noted that “Michigan and New Jersey ended their handouts earlier this summer, while Louisiana capped its subsidies — albeit after doling out more than $1 billion in the past five years. Arizona, Idaho, Indiana and Missouri have also either rolled back or shut down their programs in recent years.”

Isn’t it time for New Mexico’s elected officials to admit that subsidizing film and television productions has been an expensive failure? Isn’t it time to follow the wisdom of the states that have ended welfare for Hollywood?