Comments on Write on Nevada: Multiplier effects to no effect

Crisis, Thanks for the comment. We can't forg...

2010-02-09T11:54:24.833-08:00

Crisis,

Thanks for the comment. We can't forget about all those costs associated with government action that aren't ususally accounted for like compliance costs either. Again, good points.

Terro,

Thanks for the comment. You're right 100%! There are a lot of students entering college that aren't prepared. Many of them are leaving with debt and disapointment.

The more than 50% who don't graduate from UNR ...

2010-02-09T09:18:09.909-08:00

The more than 50% who don't graduate from UNR and UNLV...along with the large number of students who drop out of the state's community colleges without a certificate or degree...points to the fact that most of these students are ill-prepared for college coursework and don't belong there. Better they go to a trade school and learn honorable and profitable job skills or return to high school (or better yet a serious and necessarily private prep school) to learn the content information and thinking skills they missed in their K-12 education. Many of these students run up huge debt in student loans without receiving any benefit from this expenditure. And, believe it or not, student loan money can go to many other purposes than tuition and books, for example down payment on renting an apartment, a car, or a trip to Acapulco. How does that benefit a naive young person?

The problem is: there IS NO multiplier ... for all...

2010-02-09T06:42:53.215-08:00

The problem is: there IS NO multiplier ... for all the mathematical prowess attributed to Keynes, he "simply forgot", to first deduct the money spent on the "right side" from the money stock on the left side of the balance where it had to be collected in taxes or via credit (treasury bills etc.). Once it disappeared there, where it was or would have been well invested, it went through a government percolater where about 20% or more got lost in intra-government expenditure (houses, offices, fountain pens, pensions and salaries) only to then still bedoled out in less lucrative (or even newly invented) areas of the "economy". After a while, both sides run out of any money, the government goes bankrupt, common sense starts to prevail for a short time but then people tend to forget on side of the equation again. Sad story, but true.

I recently came across your blog and have been rea...

2010-02-08T20:43:39.463-08:00

I recently came across your blog and have been reading along. I thought I would leave my first comment. I don't know what to say except that I have enjoyed reading. Nice blog. I will keep visiting this blog very often.

Alena

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