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Posted on: April 14th, 2008
Filed Under: [ Community ] [ Hispanic News ] [ Top Stories ] [ Nevada ] [ Las Vegas ]
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Because these workers live and work under the radar, economists did not foresee the effects of their lost wages and spending on state revenues.
The result is “we plan in the dark,” says Jeremy Aguero, principal of Applied Analysis, a Las Vegas consulting company whose clients include Clark County, the Wynn resort and the Legislative Counsel Bureau, the state’s research arm.
And now that the state government is lurching forward with steep spending cuts midway through its budget cycle, some say flawed revenue projections are partly to blame.”*
*From: http://www.lasvegassun.com
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