Worth reading in its entirety --
Breaking News From the Land of Duh - MA Casino Edition
The Globe's front page today has one of those articles that just makes a careful reader want to pound his head against the nearest wall. Titled "Gambling projections for Mass no sure bet," the basic conclusion of the lengthy analysis is that the 2008 gaming-industry-generated "study" on which Massachusetts political leaders are relying for jobs and revenue projections in their latest rush to pass a casino bill, a study that assumes a pre- recession economy and ignores growing gaming competition from surrounding states, might just not be a reliable basis from which to draw reliable numbers.
“No matter where you look across America, the government policy to expand gambling has failed to deliver on its revenue promises and its job promises,’’ said Les Bernal, executive director of the national group Stop Predatory Gambling. “It has left us with a smaller middle class and hundreds of thousands of Americans in much deeper debt.’’
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