If the Economy Sucks How Come People Flock To Vegas?

J.J. Jackson* | December 29, 2007

We’re constantly being assaulted with reports about how bad the economy is. But that is apparently not jiving well with the booming economy of Las Vegas, Nevada where people are busily throwing excess money into slot machines and gambling on cards, dice and other games of chance.

NEW YORK: The sparkling gambling palaces that line the Las Vegas Strip are designed to disconnect visitors from the realities of ordinary life.But nowadays Las Vegas is even managing to sever itself from a jittery economy causing woes for retailers, restaurateurs and other consumer-oriented businesses - including the rest of the casino industry.

Gambling revenues on the Strip are up this year - way up in recent weeks. Despite higher energy prices, a volatile stock market, a slumping housing market and fears the economy may be heading into a recession, some of the city’s largest casinos are on pace for a record-setting year. In October alone, gambling revenues on the Las Vegas Strip were up 19.8 percent over the comparable month last year.

Yes, I know the FIRST thing I do when I have little extra money and am worried about losing my job is run off to the casino and blow my last dime in hopes of a jackpot - NOT!

Too bad the evidence runs counter to liberal feelings about the way the economy really is. Because we might just wind up with some know-nothing liberal in the White House based on the fears they perpetuate.

Contributor's website: http://www.libertyreborn.com

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