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Therefore 5,000 new video gambling machines costs the economy 5,000 lost jobs each year
John Warren Kindt
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John Warren Kindt
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More quotes by John Warren Kindt
$60,000 spent in a consumer economy multiplies by respending into $180,000
John Warren Kindt
It's lose, lose for the taxpayer
John Warren Kindt
The gambling interests like to point to the construction jobs, but those jobs go away
John Warren Kindt
No reputable economist anywhere believes it's gambling an economic tool
John Warren Kindt
Lotteries boost state revenues in the short run but don't feed the economy in the long run
John Warren Kindt
It is not economic development it's about taking money out of the consumer economy and shipping it off to Las Vegas
John Warren Kindt
While gambling addiction can be a social justice reason for some to ban gambling, the economic evidence suggests that the social and economic costs of gambling are $3 to the taxpayers for every $1 in benefits
John Warren Kindt
Studies in Australia have verified this drain on the economy by video gambling machines
John Warren Kindt
Gambling is being subsidized by the taxpayers
John Warren Kindt
Taxpayers would likely be responsible for treating addicts
John Warren Kindt
The casinos are walking out of states with at least $1 billion in their pockets to Las Vegas
John Warren Kindt
Bankruptcies increase 18 percent to 42 percent above the national average
John Warren Kindt
If you want your 401k to come back, recriminalize gambling
John Warren Kindt
Actually, they should just roll it all back get rid of gambling...It destabilizes the U.S. economy
John Warren Kindt
For every slot machine you add, you lose one job per year from the consumer economy
John Warren Kindt
27 percent to 55 percent of casino revenues come from problem or pathological gamblers
John Warren Kindt
We beat the Great Depression without lotteries and legalized gambling
John Warren Kindt
What we really need is a federal intervention plan, which calls for a moratorium on gambling in the U.S.
John Warren Kindt
When governments legalize and encourage gambling, they are creating addictions among their citizens
John Warren Kindt
There would be economic disruption in Omaha from expanded gambling...You would just be moving Chernobyl closer to the population center
John Warren Kindt