Las Vegas Sun

April 29, 2024

Letter to the editor:

One-note economy is hurting Nevada

Las Vegas Mayor Oscar Goodman can’t really blame the local and state unemployment rate on President Barack Obama’s remark about corporations and businesspeople taking Las Vegas trips at taxpayers’ expense.

Nevada’s industry is mainly based on one’s discretionary income. When America gets hit with economic problems, that money is out the window. Perhaps your problems are based on the fact that Nevada, including Las Vegas, relied too much on one industry — travel and leisure — instead of building a diversified economy. The lack of personal diversification, too, can hit hard when the economy goes under.

Maybe those of us who spend time and money constantly upgrading our education and marketable skills will finally be rewarded and this country and its states will come to terms with the importance of a talented, educated workforce.

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