Growing A Stronger Economy Through Private Sector Opportunity
By: Doug Busselman, Executive Vice President
It is still too early to determine the details of recommendations which will emerge from the Nevada Vision Stakeholders’ group that held its second meeting on Friday, Jan. 29. Having received a good deal of data pertaining to the Silver State’s ranking on various measurements, considered as possible quality of life indicators, the project will now venture into its working group assignment of identifying where Nevada should be going in the next 5, 10 and 20 year time span.
During the second meeting of the group it became very clear that the trends of the last 20 years would not have likely been possible to envision if the group would have sat down to do their assigned task in 1990. What played out and the dynamics of the ways in which a non-centrally planned economy prospered and grew like no other in the nation would have been a challenge to crystal-ball in 1990.
Yes, in the process of the developments things didn’t go smoothly and along the way many of the problems that now confront us took shape. Would a centrally-planned “vision” have made these things different?
The bottom line is that what has occurred to put us where we are happened through the on-going developments of individuals and organizations taking their cue from opportunities and evaluated risk. In some cases the pursuits were successful because of hard work and fortune. In some cases things didn’t work out well at all, possibly from mistaken choices and sometimes plan old fashioned bad luck.
Whether in seeking to stimulate success or reduce/eliminate failures, government has very little ability to accomplish what market forces and private sector freedom can establish. When government picks winners and also in the process identifies the non-blessed the outcomes fail to benefit anyone but those involved in growing a bigger government.
There seems to be some recognition of these realities within the thinking of the Vision Group, although there also seems to be a fairly strong inclination that strong strategic planning might be capable of making a difference in shaping the future to be something other than what are believed to be negatives now.
During the next meeting, on February 11th, the group will attempt to develop a vision statement, bringing into focus the kind of future that Nevada would be well-served in aspiring to achieve.
From my point of view, I would like to see that vision statement based on the advancement of the principles that expansion of the private sector’s opportunities for success are best promoted by limiting the level of government’s influence and intrusion. In identified priority areas for appropriate responsibility, government’s performance in delivery of quality and cost-effective service should be of the highest degree. Maintaining strict control over government to only engage in the priority areas of appropriate responsibility can best be accomplished through a strong involvement by citizens who control expansion through the use of the ballot box and also provide only limited funding availability.
The purpose for the Stakeholders Vision Group is intended to provide a desired future that government tax-increasers hope to use as reason to justify new and more revenue expansive forms of taxes. Bringing forth a vision and recommending a set of policies where the private sector is capable of taking care of its own needs, without government’s largess, would be a worthwhile outcome for each of the 5, 10 and 20 year horizons.
It is still too early to determine the details of recommendations which will emerge from the Nevada Vision Stakeholders’ group that held its second meeting on Friday, Jan. 29. Having received a good deal of data pertaining to the Silver State’s ranking on various measurements, considered as possible quality of life indicators, the project will now venture into its working group assignment of identifying where Nevada should be going in the next 5, 10 and 20 year time span.
During the second meeting of the group it became very clear that the trends of the last 20 years would not have likely been possible to envision if the group would have sat down to do their assigned task in 1990. What played out and the dynamics of the ways in which a non-centrally planned economy prospered and grew like no other in the nation would have been a challenge to crystal-ball in 1990.
Yes, in the process of the developments things didn’t go smoothly and along the way many of the problems that now confront us took shape. Would a centrally-planned “vision” have made these things different?
The bottom line is that what has occurred to put us where we are happened through the on-going developments of individuals and organizations taking their cue from opportunities and evaluated risk. In some cases the pursuits were successful because of hard work and fortune. In some cases things didn’t work out well at all, possibly from mistaken choices and sometimes plan old fashioned bad luck.
Whether in seeking to stimulate success or reduce/eliminate failures, government has very little ability to accomplish what market forces and private sector freedom can establish. When government picks winners and also in the process identifies the non-blessed the outcomes fail to benefit anyone but those involved in growing a bigger government.
There seems to be some recognition of these realities within the thinking of the Vision Group, although there also seems to be a fairly strong inclination that strong strategic planning might be capable of making a difference in shaping the future to be something other than what are believed to be negatives now.
During the next meeting, on February 11th, the group will attempt to develop a vision statement, bringing into focus the kind of future that Nevada would be well-served in aspiring to achieve.
From my point of view, I would like to see that vision statement based on the advancement of the principles that expansion of the private sector’s opportunities for success are best promoted by limiting the level of government’s influence and intrusion. In identified priority areas for appropriate responsibility, government’s performance in delivery of quality and cost-effective service should be of the highest degree. Maintaining strict control over government to only engage in the priority areas of appropriate responsibility can best be accomplished through a strong involvement by citizens who control expansion through the use of the ballot box and also provide only limited funding availability.
The purpose for the Stakeholders Vision Group is intended to provide a desired future that government tax-increasers hope to use as reason to justify new and more revenue expansive forms of taxes. Bringing forth a vision and recommending a set of policies where the private sector is capable of taking care of its own needs, without government’s largess, would be a worthwhile outcome for each of the 5, 10 and 20 year horizons.
Posted by Doug Busselman at 1/30/2010 2:39 PM 
Categories: Nevada Vision Project
Tags: The role of government Nevada Nevada Tax Study Economic Development
Categories: Nevada Vision Project
Tags: The role of government Nevada Nevada Tax Study Economic Development
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