Not this blog you sillies!
There was an interesting article in the Las Vegas Review-Journal yesterday that basically examined whether Las Vegas has "jumped the shark," essentially losing ground in it's popularity as a trendy playground for everyone from the young and wealthy to famous and even ordinary.
Are people tired of the "what happens in Vegas, stays in Vegas" mantra and all the exciting debauchery that's associated with it?
As I read the article, I couldn't help but think that it's true. We're experiencing a regional economic recession, the likes of which we've never been seen here before. Casino revenues are down, visitor numbers are down, the airlines are cutting flights to the city, we lead the nation in foreclosures and our governments are facing unprecedented budget cuts.
If we truly have or are in the process of "jumping the shark,"at least the city may one day reclaim its glory. As the article points out, it's famous for reinventing itself. For example, despite the sagging economy, we're currently in the midst of a remarkable building boom, which includes the massive Project City Center, the largest privately financed development in the United States at the cost of $9.2 billion. Near our home M Resort is under construction.
If not, it's time to choose a new city to move to, because we aren't going to stick around and watch it crumble. Lately Seattle has been on our mind. At least there's plenty of water there.
Tuesday, August 26, 2008
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