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Sunday, May 12, 2013

The economic growth fallacy of supporting casinos

Beacon Hill fell for the same scam! Nothing that was said to them was heard.



Massachusetts ‘Gaming’ Future

It’s a shame that Larry Platt didn’t listen to me when I contacted him on numerous occasions, as far back as 2004. That’s when our gaming law passed and he was the editor of the Philadelphia magazine. Even though he and the majority of Philadelphia’s media outlets knew what I was telling them was the truth they did absolutely nothing. Even today it’s almost imposable to get the media outlets throughout Pennsylvania to address the flaws in our gaming law.

Philadelphia Inquirer - May 12, 2013 - The economic growth fallacy of supporting casinos
...
By themselves, they don't aid local economies, studies show. So why back them when other steps would be more helpful?

Is it just me, or does it feel a little, I don't know, gross that, while we're awash in headlines about a "Doomsday Budget" for our public schools, a cadre of well-coiffed businessmen are sharing grandiose plans for yet another Philadelphia casino?

How'd we get here? Seems as if, over the last decade, gaming has become a type of crack cocaine for a whole generation of politicians: With their budgets squeezed by economic downturn and an electorate all too willing to vote out of office anyone who considers a tax hike, our so-called leaders - rather than make the hard choices and right-size their governments - have opted for the quick-fix high of casinos, long-term consequences be damned.

Read more: http://www.philly.com/philly/columnists/20130512_The_economic_growth_fallacy_of_supporting_casinos.html?c=0.4771733420871709&posted=y&viewAll=y#comments
See More
Massachusetts ‘Gaming’ Future

It’s a shame that Larry Platt didn’t listen to me when I contacted him on numerous occasions, as far back as 2004. That’s when our gaming law passed and he was the editor of the Philadelphia magazine. Even though he and the majority of Philadelphia’s media outlets knew what I was telling them was the truth they did absolutely nothing. Even today it’s almost imposable to get the media outlets throughout Pennsylvania to address the flaws in our gaming law. 

Philadelphia Inquirer - May 12, 2013 - The economic growth fallacy of supporting casinos

By themselves, they don't aid local economies, studies show. So why back them when other steps would be more helpful?

Is it just me, or does it feel a little, I don't know, gross that, while we're awash in headlines about a "Doomsday Budget" for our public schools, a cadre of well-coiffed businessmen are sharing grandiose plans for yet another Philadelphia casino?

How'd we get here? Seems as if, over the last decade, gaming has become a type of crack cocaine for a whole generation of politicians: With their budgets squeezed by economic downturn and an electorate all too willing to vote out of office anyone who considers a tax hike, our so-called leaders - rather than make the hard choices and right-size their governments - have opted for the quick-fix high of casinos, long-term consequences be damned.

Read more: http://www.philly.com/philly/columnists/20130512_The_economic_growth_fallacy_of_supporting_casinos.html?c=0.4771733420871709&posted=y&viewAll=y#comments

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