Increased Spending and Taxes in NM

It looks like NM is poised to increase real spending by over two percent (adjusted for population growth and inflation). Real spending has already increased by over $930 million since 1992 (again, adjusted for inflation and population growth). What have we gotten for it?
Is it not time that we controlled spending and reduced taxes? That would create real prosperity, because it would increase the rewards for responsible behavior while lowering the subsidies for irresponsible behavior. How long can we continue with the kind of wishful thinking that emerges as policy from Santa Fe?