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Nevada’s Pot Business About to be Smoked

03 Wednesday Jan 2018

Posted by Paul Kiser in About Reno, Aging, Branding, Business, Education, Employee Retention, Ethics, Generational, Government, Government Regulation, Green, Health, Higher Education, History, Honor, Management Practices, Politics, Pride, Public Image, Public Relations, Recreation, Respect, solar, Space, Taxes, Technology, Travel, Universities, US History

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California, Carson City, corporate tax cut, corporations, divorce, economies, economy, educational ranking, Elko, Ely, gambling, gaming, gold mining, Henderson, Indian gaming, Las Vegas, mining, Nevada, Reno, Unemployment, Violent Crime, Winnemucca

Welcome to Nevada, where citizens watch other people get rich

Nevada has relied on being the rebel for decades, and it always fails to provide a reliable economy.

When gambling was taboo in the nation, Nevada became one of the few places people could gamble. People flocked to Nevada to gamble. Nevada had a ‘gaming’ industry.

In 1988, the Indian Gaming Regulatory Act opened the door to legalize gambling on Indian Reservations, and over the next three decades California built up an Indian Gaming industry that didn’t require taking chances with a trip to Nevada. Nevada’s gaming industry stagnated.

When a quick marriage and/or a quick divorce was taboo in the nation, Nevada made divorce easy. People flocked to Nevada to officially end or begin a relationship. Nevada had a marriage industry.

Then divorce became a fact of life and most of the rest of the country decided that government should be trying to inhibit the desires of a couple, so they made marriage and divorce easier. Couples no longer had to travel to Nevada to say their vows, or go their separate ways and Nevada’s marriage and divorce industry collapsed. 

Gambling, divorce, prostitution have all been part of Nevada’s economic plan, and they all have created more problems than money for its citizens. It’s a consistent trait of Nevada’s leadership in pursuing big money that comes with little or no foundation in what is best for the average citizen.

For the last six months, Nevada boosted its economy with legalized recreational marijuana sales. Again, people from California flocked to the state to get what they couldn’t get at home. Pot. And again, Nevada’s economic boost will be short-lived as California recreational pot business gets underway in 2018.

Nevada is a state where a few people become filthy rich and pay very little in taxes. Nevada compounds the problem by prostituting themselves for marginal industries that are not stable and corporations that seek to avoid paying their share of taxes while reaping big profits.

The result has been that Nevada has no money to improve schools that are ranked near the bottom in the United States. Nevada’s poor education record has resulted in businesses needing a highly educated workforce to go elsewhere despite the seductive tax environment.

Nevada has to stop lusting after short-term economies and start building a real economy…or watch the hopes and dreams of its citizens go up in smoke.

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