More thoughts on Nevada’s boom-bust cycle

Victor Joecks

Assembly Speaker Barbara Buckley says that Nevada's unique tax structure leads to booms and busts. Even if you disagree with this statement, think about the implications of what she is saying.

Nevada government is in the bust part of the cycle. Therefore Nevada government was previously experiencing a boom─a boom that Speaker Buckley wishes (in hindsight) had been contained (by the more stable revenue source). That means that Nevada spent too much in those past "boom" bienniums.

The questions Speaker Buckley needs to answer are: "What programs should Nevada not have created or provided less funding for in previous budgets? Do you support eliminating those programs or reducing their funding to the approriate level?"

These aren't rhetorical questions. They deserve answers from the Speaker.