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All day passes, 50% off for seniors and taxi cab drivers, and rebates for golfers. You have got to be kidding me.
Here in Las Vegas, NV, casinos are suffering as well. The strip seems to be doing okay, although there are layoffs occurring, but the casinos hit hardest are those that cater to the locals who wish to keep away from the touristy craziness of the strip. Some are even filing for bankruptcy and going out of business entirely.
I'm torn when I read things like this. For one, these businesses are major economy boosters for the local areas. In Germany, prostitution is a $12 billion per year industry, and Las Vegas is known for gambling. That's the first thing anyone thinks of when you say "Vegas". So, simply put, a lack of business for such services is going to affect the industry itself and the entire local economy, however, I'm overjoyed by the fact that people who are struggling have a good grasp on what is necessary and what are completely unnecessary expenditures. It would be very easy for folks who are down on their luck to take chances on gambling in order to make some money, and while some people are undoubtedly doing that, for the majority of people, this isn't the case. That's incredibly reassuring.
As far as prostitution goes, although demand is down, supply is up. Yes, many women who aren't doing well financially because of hours lost at work or lay-offs are moonlighting as prostitutes. I wonder how many of these women are truly struggling, and how many of them are simply trying to keep the house they could never afford from going into foreclosure.
What's the point of this post? How does it help you with your finances? I'm really not sure. I just found it interesting and a bit amusing.
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