Providing Economic Expansion By Market Opportunities
By: Doug Busselman, Executive Vice President
One of the assigned responsibilities of the Nevada Vision Stakeholders Group is coming up with recommendations on a game-plan for Nevada to use in relation to economic diversification. There seems to be an impression that if state government establishes a goal and works up a centrally-designed plan we will somehow accomplish the economic diversity our tax spenders want us to have.
The challenge for those who believe that market forces are responsible for determining economic diversification (as opposed to government fiat) is coming up with a proactive policy free-market concept which can reconcile with the philosophy of those who consider government as being capable of this objective. Yes, it is possible to work to recruit business ventures to locate in your state, possibly making arrangements to provide favorable tax or other types of considerations which would make the relocation a favorable move.
Much of the discussion however, seems to be oriented to creating business opportunities for enterprises which produce stuff that nobody wants. Take “green energy” for example. Because it is considered renewable – without the negative consequences of emissions that are supposedly causing global warming (and blizzards in the wrong places) – green energy is very socially acceptable.
The lists of problems though include the higher costs for green energy and also the matter of wanting to locate the solar panels and windmills somewhere other than in anybody’s area. If we can find someplace where people aren’t able to object to having the facilities next to them – there is the issue of getting the power to where people will pay extra to have that type of power (power lines are also not considered as acceptable things, if you have the political power to make sure that they don’t end up next to where you are).
The solution lies in Big Brother Government forcing the prices of the energy we can now afford higher, using the auspices of the Climate Change hoax as the excuse for their tax increases. We will also likely see forced acceptance of somebody getting the alternative energy facilities in their backyards, whether they like it or not.
In terms of Nevada becoming the center of the universe for alternative energy production (a dream many people from all political persuasions like to promote) we might have a slight problem with a bird named the Sage Grouse. Currently under evaluation for listing under the Endangered Species Act, mostly because the supporters of the listing didn’t like the outcome of the last time the decision was that the birds didn’t warrant listing, the outcome could easily lock up geothermal production sites as well as stopping power lines from crossing Sage Grouse habitat (which is anyplace where sagebrush grows).
As we look at the many varieties of business ventures which have emerged as successful, it seems their common trait has been producing products or services which people like to buy. The innovation they offer in terms of how they offer their products or services or the business structures/practices they use were not inspired by government entities with desires of having more taxpayer pockets to extract funds from.
Providing the best for Nevada’s economic diversity we can offer for the next 5, 10 and 20 year windows is embracing market-oriented philosophies which recognize that government’s role should be minimal and limited – not expansionist and fiscally irresponsible (seeking to spend money it doesn’t have). That might not be the answer that those giving the assignment want to receive.
One of the assigned responsibilities of the Nevada Vision Stakeholders Group is coming up with recommendations on a game-plan for Nevada to use in relation to economic diversification. There seems to be an impression that if state government establishes a goal and works up a centrally-designed plan we will somehow accomplish the economic diversity our tax spenders want us to have.
The challenge for those who believe that market forces are responsible for determining economic diversification (as opposed to government fiat) is coming up with a proactive policy free-market concept which can reconcile with the philosophy of those who consider government as being capable of this objective. Yes, it is possible to work to recruit business ventures to locate in your state, possibly making arrangements to provide favorable tax or other types of considerations which would make the relocation a favorable move.
Much of the discussion however, seems to be oriented to creating business opportunities for enterprises which produce stuff that nobody wants. Take “green energy” for example. Because it is considered renewable – without the negative consequences of emissions that are supposedly causing global warming (and blizzards in the wrong places) – green energy is very socially acceptable.
The lists of problems though include the higher costs for green energy and also the matter of wanting to locate the solar panels and windmills somewhere other than in anybody’s area. If we can find someplace where people aren’t able to object to having the facilities next to them – there is the issue of getting the power to where people will pay extra to have that type of power (power lines are also not considered as acceptable things, if you have the political power to make sure that they don’t end up next to where you are).
The solution lies in Big Brother Government forcing the prices of the energy we can now afford higher, using the auspices of the Climate Change hoax as the excuse for their tax increases. We will also likely see forced acceptance of somebody getting the alternative energy facilities in their backyards, whether they like it or not.
In terms of Nevada becoming the center of the universe for alternative energy production (a dream many people from all political persuasions like to promote) we might have a slight problem with a bird named the Sage Grouse. Currently under evaluation for listing under the Endangered Species Act, mostly because the supporters of the listing didn’t like the outcome of the last time the decision was that the birds didn’t warrant listing, the outcome could easily lock up geothermal production sites as well as stopping power lines from crossing Sage Grouse habitat (which is anyplace where sagebrush grows).
As we look at the many varieties of business ventures which have emerged as successful, it seems their common trait has been producing products or services which people like to buy. The innovation they offer in terms of how they offer their products or services or the business structures/practices they use were not inspired by government entities with desires of having more taxpayer pockets to extract funds from.
Providing the best for Nevada’s economic diversity we can offer for the next 5, 10 and 20 year windows is embracing market-oriented philosophies which recognize that government’s role should be minimal and limited – not expansionist and fiscally irresponsible (seeking to spend money it doesn’t have). That might not be the answer that those giving the assignment want to receive.
Posted by Doug Busselman at 2/16/2010 9:46 AM 
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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