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Old 02-12-2011, 07:36 PM
 
Location: Earth, Sol System, Milky Way Galaxy, 3rd Dimension
67 posts, read 87,684 times
Reputation: 44

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Knock on wood??

Optimism growing for Las Vegas' economic recovery - KTNV ABC,Channel 13,Las Vegas,Nevada,News,Weather,Sports,Entertainment,KTN V.com,Action News .:. (http://www.ktnv.com/story/14016071/optimism-growing-for-las-vegas-economic-recovery - broken link)
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Old 02-12-2011, 07:52 PM
 
10,485 posts, read 22,550,683 times
Reputation: 6611
LOL, even in the video they say that the unemployment rate has not changed for the better. Once the printing presses at the Federal Reserve are turned off the so called "recovery" will end.
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Old 02-12-2011, 08:32 PM
 
32 posts, read 48,073 times
Reputation: 34
Vegas has a long long long time before it will recover. Haven't you learn already not to believe the news.
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Old 02-12-2011, 08:45 PM
 
9,881 posts, read 8,750,758 times
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The last two times I went the Strip was really crowded but there were not too many people gambling.
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Old 02-12-2011, 10:50 PM
 
Location: The North
4,962 posts, read 8,677,165 times
Reputation: 3831
Quote:
Originally Posted by las vegas drunk View Post
LOL, even in the video they say that the unemployment rate has not changed for the better. Once the printing presses at the Federal Reserve are turned off the so called "recovery" will end.
Yeah because about $300 billion in a $14 trillion economy makes such a huge difference. Whatever.
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Old 02-13-2011, 06:18 AM
 
Location: Las Vegas
270 posts, read 438,554 times
Reputation: 212
I read in the Sun yesterday an economist's prediction that we'd not see significant improvement (in terms of unemployment figures especially) until 2016. Not sure what the basis is for the prediction, but a s l o w recovery does seem to be in the works. Perhaps a slow recovery---unlike the rapid boom and build of the 1990's and early 2000's---will be a more solid foundation for the future. I hope so anyway----moving to Vegas from NJ in July!

-NJ Pollyana
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Old 02-13-2011, 07:13 AM
 
Location: North Las Vegas
1,631 posts, read 3,384,568 times
Reputation: 743
This article in the RJ isn't for the faint of heart but there is a ray of hope at the end of the article regarding Vegas' future.


Preview Las Vegas speakers explain steps to area's economic recovery
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Old 02-13-2011, 07:44 AM
 
Location: Zurich, Switzerland
53 posts, read 94,536 times
Reputation: 78
even a slow recovery is better then no recovery at all....

By the way Spain has a unemployment rate just above 20%!!!!
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Old 02-13-2011, 08:05 AM
 
437 posts, read 661,382 times
Reputation: 306
In my opinion a Las Vegas recovery is years down the road. Won't happen until the gambling is fun again. For example, I would fly in 3 times per year and only gamble, BJ and craps and mostly lose. But I could sit at the BJ table drink, have fun with the dealers, and then ask the Pit Boss for a couple of buffet comps and he would always write a ticket with one of those little pencils. Now I'm supposed to give the dealer my tracking card that I had to stand in line to get and when I stop playing I stand in another line to check my play and it is always light. No thanks. Now I come every other year and always hope the treatment of the gambler is better. And what's up with all your fees Las Vegas. From the rental car at the airport to room and back. Yikes. At an earlier point I was the target customer, not so much now and I don't come as often.
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Old 02-13-2011, 08:12 AM
 
Location: Las Vegas
270 posts, read 438,554 times
Reputation: 212
Thanks for the link 007.
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