Thread Rating:
  • 0 Vote(s) - 0 Average
  • 1
  • 2
  • 3
  • 4
  • 5
Hawaii's economy . . . or lack thereof
#8
quote:
Originally posted by kalakoa

Hawaii has multiple layers of "shadow economy".

1. Underground: drugs, stolen cars, cockfighting.

2. Quasi-legit: the "guy with a machine" who digs you a "seepage pit" for cash.

3. Overhead: land-use "consultants", lawyers hired by NIMBYs, corrupt HOAs.

4. Government: short workday, long lunch, guaranteed raises, plenty benefits.

5. Emergency: anything that resembles a disaster creates unlimited overtime and automatic approvals "because FEMA will pick up the tab".

Ironically, none of these "industries" suffer the regulatory constraints that apply to our "legitimate" economy. New rules for vacation rentals and a higher tax rate for "investment real estate" will drive more people away from the island while also encouraging growth of the above "industries".

"You can have 10% of this dollar, or you can have 100% of nothing."


Banana, I mean Mango Republic!!!

Speaking Truth to Lies / Facts to Ignorance
Reply


Messages In This Thread
RE: Hawaii's economy . . . or lack thereof - by Guest - 09-23-2018, 01:54 PM

Forum Jump:


Users browsing this thread: 2 Guest(s)