One that is getting closed down near me has these attributes but they are going to close it down anyway:
- it pays to the city coffers over 1.5 million dollars per year
- it has never once operated in "the red" but always at a tidy profit
- it employs over 200 hundred people
- the owner of the track where its located has since its inception spent a great deal of the profits from that in upgrades to the site so its money going back into the local economy with more jobs and materials purchasing
- revenue amounts generated to the government from this particular spot exceed 10 million per year (even in tough times)
So while times are tough enough, how is it anything short of insane to deliberately shut down a business this profitable and employment providing as it is?
Not only that, but the government dude that looks after the gaming did not have the decency to even let the owners know of the closing till a sign went up on the doors. Then when the guy comes to town to deliver the bad news, he doesn't invite the owners to that meeting either.
Its absolutely stupid from any angle other than perhaps a slight drop in overall operation costs to the gaming commission, but the downsides of what they are doing are going to eat that up in a hurry. For the billions the gaming commision is making this slight savings wouldn't even be felt.
With a lot of businesses closing down and throwing people on the unemployment lines that are legitimately in a bad way financially, one has to wonder what kind of geniuses we have running the country when they go about closing down extremely profitable ones...just because they can.
If the public ran our affairs as half cocked as the government does theirs, they'd lock us up and throw away the key.
But wait a minute! For the poor schmuck who is out there working his ass off every day and having a hard time paying a few hundred dollars in taxes, the same government will literally bankrupt said person just to get their couple of hundred from them...go figure.
This post has been edited by got2bgood: Wed Apr 25, 2012 05:23 PM