Nevada Is In Worse Shape Than California

[discocrisco01]

I thought California is worst shape. After reading this article from the AP, I learned that Nevada is far worse off state than California.

At the end of the day, you cannot rely your economy on gambling. Real jobs from building a significant industrial based on high technology and alternative energies is the solution.

Thomm Hartmann has speaking about this issue a lot and I think Nevada based its on economy on a house of cards. It is economy is based on the bubble economy. Gambling and tourism are based on when people have wealth based on paper assets that really do not exist and end when the Ponzi scheme is over.

I have more hope my state than Nevada. I just do not how they are getting off this rut.

[Bluebear]

1. link is dead

[tonysam]

2. It isn't just gaming; it's also low wage jobs as in

warehousing. High tech and alternative energies, by the way, are relatively few jobs.

[Cleita]

3. Every time DH and I drove between Las Vegas and Reno, I noticed the

veins of precious metals like silver threaded through the mountain ranges. As much as I hate mining because of how destructive it is to the environment, you might start looking at what you can extract from the ground for cash and the jobs it would create. Most of it is on government property. Maybe you Nevadans can start a trend of not allowing the private mining companies to extract it, but let the government do it as ecologically possible instead, and use the proceeds for the needs of the state like education and health care, etc.. It would provide a lot of jobs too.

[FarCenter]

4. Legalization of gambling across the country means that destination casinos are obsolete

Same with Atlantic City. Why would the NYC gamblers take the bus all the way to AC when they can play the slots in Yonkers? And soon at Aqueduct?

[dysfunctional press]

5. we have a full-on gambling boat right downtown...but i'd rather go to vegas anyday.

las vegas as a destination has a whole lot more to offer than just gambling.

[FarCenter]

6. It's the gamblers that keep Las Vegas' lights on

People who go there and don't gamble may not be a break-even for Las Vegas, depending on how much they might spend on lodging, shows, fine dining, and other pursuits.

[dysfunctional press]

7. we 'gamble' a little bit- but only if you count the slots...and not for hours on end, either...

but- we do see shows...it's been a few years- but the last time we were there we saw: o, zumanity, mystere, avenue q, penn&teller, the amazing jonathon...and some hypnotist' show. we dropped around $1500 for tickets- but we had great seats, too. for people who gamble- $1500 for 2 people probably isn't much. we also dropped another $700 or so on food- but our room was free- it was my parent's timeshare that they weren't using that year. we did a few other 'touristy' things- so we definitely helped the local economy.

[wuushew]

8. Yucca would bring federal money in

take the money.