The only educational programs Nevada provides is Hotel Administration and Hospitality Management.

I do hear that North Las Vegas cops are being offered $10k to $20k signing bonuses and are recruiting heavily from folks coming back from Iraq/Afghanistan. Out of one shooting gallery to another.

Exactly right. The entire economy of Nevada is based on disposable income, which people don't have any more. The state produces almost nothing. Mining and farming are a distant second. The real estate developers were also way WAY ahead of demand. There are entire neighborhoods that were built in the vegas suburbs before they ever had a single buyer. Builders were gambling on the fact that it would never slow down. When the bubble popped, sales just stopped and suddenly the supply was so far in front of demand that prices crashed. It's the fundamental rule of capitalism. It can be a cruel mistress when you take huge risks like that. It will however balance itself out if left alone to work.

So you recommend high taxes and high regulation? Does that keep the marauding bands from attacking your factory?

Know where your I Phone was made? And it has nothing to do with slave labor.

http://www.nationalreview.com/articl...k-steyn?page=1

I think he's saying that low taxes and low regulation have not proven to be effective job creating tools in some states, for example, Nevada.

No he threw out a political opinion and tried to use a state that has big problems as a proof of his "hypothesis". How do we know how many jobs the low taxes and low regulation have "created or saved"? Maybe unemployment would be 30% if they had high taxes and high regulation in Nevada?

I countered with Texas and Utah where the taxes and regulation are relatively low, like Nevada. They dont have the same unemployment problems Nevada has. It is my contention that he has not proved that low taxes and low regulation are not good for employment.

Low taxes and low regulation has not made Somalia prosperous. High taxes and High regulation didnt work out to well for Cuba. Maybe other factors are at play.

And since the Federal Government owns 90% of the land (can you tell me what form of regulation is higher than government ownership of the land) in Nevada I would contend it is a poor example to indict Capitalism with.

Texas and Utah were blessed with naturally occuring commodoties like oil, natural gas, silver, salt, etc. which create a majority of these states' revenue. Many states with these types of industries are not suffering like those states lacking these natural commodities which depend on discretionary income. These industries provide a high profit margin due to government subsidies and allow for greater expenditures on a workforce. The workforce required for those jobs typically requires little education. A state which under funds education while providing subsidies to a commodity type industry will have a great price to earnings ratio. Other states seem to be in hardship due to the "business suits" who took advantage of unregulated industries. There are also many countries with high tax rates that are very prosperous. I'm not saying you're wrong and I'm right. There are exceptions to every rule.

So, history is less important? Got it.:rolleyes:

btw; You should "emphasis" education; try more grammar and less calculus!:D

History is very important. How else would we know about how all those dead white guys stole everything and are responsible for all the pain and suffering in the world.

Ah yes those stupid texas kids all they have to do is know how to pump gas (We'll fix them when we go to electric vehicles made in Finland). How does your education theory work with all the manufacturing moving to 3rd world countries?

No one is saying that education is not important. We are saying we blow more money on worthless education than any 3 other countries combined. Mo Money is not the solution. College tuition has doubled in the last 10 years, by contrast healthcare cost have only increased by 50%. Every extra dollar Barry and Harry throw at college assistance only results in colleges increasing the amount they charge by a dollar. It is a suckers game and the losers are taxpayers and college students. Both too ignorant to realize it.


http://dshort.com/inflation/CPI-cate...ion-since-2000

From the latest Mark Steyn:

"If you’re wondering how giving half a billion dollars to a Finnish factory stimulates the U.S. economy, well, what’s a lousy half-bil in a multi-trillion-dollar sinkhole? Besides, in the 2009 global rankings, Finnish schoolkids placed sixth in math, third in reading, and second in science, while suffering under the burden of a per-student budget half that of York City. By comparison, America placed 17th in reading, 23rd in science, and 31st in math. So the good news is that, by using U.S.-government money to fund a factory in Finland, Fisker may be able to hire workers smart enough to figure out how to build an unwanted electric car that doesn’t lose its entire U.S.-taxpayer investment."