Wednesday, January 05, 2011

The Silver State

In the early 1930s, the state of Nevada had roughly 91,000 residents and was on the verge of bankruptcy. So it decided "to roll the dice." It legalized "quickie divorces" and gambling.**

Today, Nevada has roughly 2.6 million residents and is on the verge of bankruptcy. And there appear to be no magic solutions. (via Business Insider)

** Almanac of American Politics, 2000 by Michael Barone et alia.