This Recovery Thing Is Not Going Well
By: Doug Busselman, Executive Vice President
In spite of the magnificent way we’ve been told that the federal government’s stimulus activities have been working it would seem that there are few matters that might not be quite fixed here in Nevada. Those tax increases coming out of the 2009 Nevada Legislature haven’t accomplished a lot except siphoning resources away from a badly ailing private sector. On top of everything else taxpayers have been needing to deal with in the economic downturn – government’s expectation to be taken care of before all else, cannot be dismissed as not having something to do with making things worse.
This Nevada News Bureau report on the further increases in Nevada’s unemployment levels makes an interesting observation about a job sector which hasn’t experienced a decline…
As the Obama Administration and the Democrats work to shift the focus to how much better we’ll be with their work on job creation, it will be interesting to note whether they will give any attention to the concepts that are explained in this Forbes article. Perhaps it would also be worth including this type of background detail in the Nevada Vision Stakeholders Group’s packets of information.
It’s not likely that the leaders of the ruling party in Washington, D.C. or Carson City are able to subscribe to the economic principles of less government being a better formula for prosperity. They seem to believe that the course of central planning, excessive government spending and expansion of ways to “stabilize revenue” for more government spending is a far better approach.
By the way, how’s that all working out so far?
November 2010 is our chance to make the real changes that are needed, putting the tax and spenders on the unemployment lines.
In spite of the magnificent way we’ve been told that the federal government’s stimulus activities have been working it would seem that there are few matters that might not be quite fixed here in Nevada. Those tax increases coming out of the 2009 Nevada Legislature haven’t accomplished a lot except siphoning resources away from a badly ailing private sector. On top of everything else taxpayers have been needing to deal with in the economic downturn – government’s expectation to be taken care of before all else, cannot be dismissed as not having something to do with making things worse.
This Nevada News Bureau report on the further increases in Nevada’s unemployment levels makes an interesting observation about a job sector which hasn’t experienced a decline…
“According to the report, the only industry to receive an overall increase in jobs was Education and Health Services, which gained 3,600 jobs in 2009 – a 3.7 percent increase.”
As the Obama Administration and the Democrats work to shift the focus to how much better we’ll be with their work on job creation, it will be interesting to note whether they will give any attention to the concepts that are explained in this Forbes article. Perhaps it would also be worth including this type of background detail in the Nevada Vision Stakeholders Group’s packets of information.
It’s not likely that the leaders of the ruling party in Washington, D.C. or Carson City are able to subscribe to the economic principles of less government being a better formula for prosperity. They seem to believe that the course of central planning, excessive government spending and expansion of ways to “stabilize revenue” for more government spending is a far better approach.
By the way, how’s that all working out so far?
November 2010 is our chance to make the real changes that are needed, putting the tax and spenders on the unemployment lines.
Posted by Doug Busselman at 1/23/2010 5:30 AM 
Categories: Nevada Budget
Tags: Nevada Nevada Taxes and Revenue Projections Nevada Vision Project Nevada State Spending
Categories: Nevada Budget
Tags: Nevada Nevada Taxes and Revenue Projections Nevada Vision Project Nevada State Spending
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