View Poll Results: What debt do you have in student loans?
$1 - $50,000
24
39.34%
$50,000 - $75,000
3
4.92%
$75,000 - $100,000
9
14.75%
$100,000 - $125,000
1
1.64%
$125,000 - $150,000
2
3.28%
$150,000 - +
1
1.64%
No Loans
21
34.43%
Voters: 61. You may not vote on this poll
Student Loans
#21
Actually, many companies are incorporated in Nevada including the one you work for (but I hope you get out soon ). As a tax haven, it is a very inviting state in which to incorporate. A company doesn't have to be located in Nevada to be a "Nevada Corporation". As far as education goes, that investment is definitely underemphasized.
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.
#22
Gets Weekends Off
Joined APC: Nov 2009
Posts: 5,262
Care to splain why Texas or Utah do not have the problems you associate with Nevada? They spend even less on education than Nevada and do alright. Can you really claim, with a straight face, that an ignorant workforce is one of Nevada's problems? Can't you really think of any reason that Nevada might be struggling? When your entire economy is based on tourism and the worlds economy has been in the tank since 2008 what does per student spending have to do with anything?
#23
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Thread Starter
Joined APC: Jul 2011
Position: Left or Right, Whatev'
Posts: 157
Care to splain why Texas or Utah do not have the problems you associate with Nevada? They spend even less on education than Nevada and do alright. Can you really claim, with a straight face, that an ignorant workforce is one of Nevada's problems? Can't you really think of any reason that Nevada might be struggling? When your entire economy is based on tourism and the worlds economy has been in the tank since 2008 what does per student spending have to do with anything?
#24
Gets Weekends Off
Joined APC: Nov 2006
Position: 767 FO
Posts: 8,047
The education part was a minor facet to the argument. I was pointing out the fallacy that creating an environment of low taxes and loose / lenient regulation doesn't encourage business. Nevada's problems are complex. But there is a camp that uses low tax and lenient regulation as a panacea to all our problems. It's not. Again, it's complex without easy solutions.
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
Last edited by FDXLAG; 10-21-2011 at 05:55 PM.
#25
So you recommend high taxes and high regulation? Does that keep the marauding bands from attacking your factory?
And it has nothing to do with slave labor.
Tyrannous Regulation - Mark Steyn - National Review Online
And it has nothing to do with slave labor.
Tyrannous Regulation - Mark Steyn - National Review Online
#26
Gets Weekends Off
Joined APC: Nov 2006
Position: 767 FO
Posts: 8,047
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.
Last edited by FDXLAG; 10-21-2011 at 06:18 PM.
#27
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.
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.
Last edited by pokey9554; 10-21-2011 at 07:51 PM.
#28
Gets Weekends Off
Joined APC: Sep 2007
Position: 747 FO
Posts: 937
btw; You should "emphasis" education; try more grammar and less calculus!
#30
Gets Weekends Off
Joined APC: Nov 2006
Position: 767 FO
Posts: 8,047
Texas and Utah were blessed with naturally occuring commodoties like oil, natural gas, silver, salt, etc. which create a majority of the 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.
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."
Last edited by FDXLAG; 10-22-2011 at 05:42 AM.
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