Wednesday, October 15, 2008

Nevada Economy Dead Last In US

In my many years of coming to Las Vegas, I've never considered my visits as contributing to the economy. Besides the fact that I try to take away more money than I leave, I also spend some time in trying to get the best deals I can when it comes to lodging, etc. I don't subscibe to the "let's spend a lot of money in Vegas and have a good time" ethic. I don't spread a lot of money around in order to impress anyone. In fact, if cheapskates like myself were the only clients Vegas had, it would not exist as it does today.
However, I'm in the minority. Yeah, most people try to get the best deals, but then they take the $100. they saved on that 3-night stay and blow it in 2 minutes on a bad bet at roulette.
So Vegas relies on the endless march of rubes into its maw.
Today, though, 'because of the economy', that march has slowed. Witness this headline:
Nevada Economy Worst in US
This isn't from gambling in the casinos. It's from gambling in the housing market.



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