I was just playing devils advocate from a fiscal hawk pov, but more power to them. Hey, go for it!
But, ummmm, just wondering, how is it UTEP's problem? Have you chronicled the history of UTEP prior to Natalicio's arrival? What she has done is short of miracle in some regards. Everyone loves her now but there wasn't much love for her in the late 80's and early 90's. The hate was constant and came from within the university most times. Now, please educate me on UTSA's and the former mayor's ambition as compared to our current UTEP president and city.
El Paso's history of politics and business interests inability to form a common goal and union has hurt the city, but as one can plainly see, it appears to be a thing of the past. Texas Monthly did a great article on El Paso just about this very topic of El Paso's failure to capitalize on opportunity that moved on to other southwest communities like San Antonio. El Paso was supposed to be the Texas city on the rise during post WWII and Korea, but couldn't hold on to the opportunity, sadly. Anyways, it appears that seems to be the past and commercial and residential development are moving at a steady pace (but don't compare it to Dallas or Houston/Galveston).
Loser mentality? That exist is every city, big or small. No city is going to the brakes on for another city. Never read or heard that happening. Cities, like Las Cruces for example, may invest heavily in certain industries like LC did for the Space Port which have huge impacts for a given region (but nothing material as of yet), but do you think Las Cruces waits for El Paso or vice versa? No, not in the grand scheme of things. Now if you go 200 to 250 miles outside of El Paso to southern NM or west Texas and survey the towns and local industries, you quickly realize how dependent they are on El Paso. Tourism, commercial, medical, etc.