Las Vegas Sun

August 27, 2014

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Letter to the editor:

Nevada’s economy not Romney’s fault

In their Wednesday op-ed, “Romney’s ideas are wrong for Nevada,” Harry Reid, Bob Miller and Richard Bryan attempt to pin Nevada’s high unemployment and record foreclosures on Republican presidential candidate Mitt Romney.

The writers’ only bit of evidence is that 1) Mr. Romney once said that the housing crisis had to “hit the bottom” before it could recover and 2) Mr. Romney made money by laying off workers.

On the former, I doubt Mr. Romney’s comments had the same effect on Nevada’s economy as Mr. Obama’s 2009 comments that criticized Las Vegas as a symbol of excess and greed. After that remark, the Las Vegas Convention and Visitors Authority reported 340 event cancellations that cost the local economy about $131.6 million.

As for Mr. Romney’s time at Bain Capital, I await Messrs. Reid, Miller and Bryan’s equally indignant criticism of Mr. Obama’s layoffs and factory closings at General Motors. In both scenarios, the layoffs were necessary to save the company.

By all means, elections are about the future, but let’s not forget the past.

The author is president and chief executive of the Consumer Electronics Association.

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  1. So, I guess the Consumer Electronics Show listened in 2009, cancelled its show, and has stayed away from Las Vegas ever since --

    Or is are you hinting that if Nevada does not cast its 5 electoral votes for your candidate the CES is outtahere?

  2. Once again, the crackpot Simmons shows his latent anti-Semitism. Apparently he's not only a racist and a bigot, Simmons is also hard of hearing or he'd have heard the "fast talking" Osama Obama at work. Had the Republicrats chosen Mitt in 2008, we would never of had to put up with the apologist CEO now polluting the oval office. Mitt would have won hands down and the oily Osama Obama would have been a foot note in history. As it is, historians will write how the cretin nearly destroyed America in his rabid quest to "Europeanize" the nation. It will be a relief to be rid of the creepy-crawler with the Chesire cat smile come November!

  3. Obviously, and without question folks, the CEO of CES has done a lot more to put hard-working Las Vegans back to work than Osama Obama, Goodman or dipstick. Their object is to take from others what they earn and distribute it to the "parasitic" class, while Shapiro brings tens of 1,000s to LV who actually contribute to society. We need fewer Goodman's and dipstick's and more Shapiro's to offset the damage done by Osama Obama and his fellow travelers such as Goodman & dipstick to our local and national economy.

  4. "By all means, elections are about the future, but let's not forget the past."

    They sure are.

    That's why America voted President Obama into office.

    Because the very thought of further Republican Party nonsense was too much to stomach. The American people voted and rejected the very idea of another eight years of incompetence, corruption, war and other things that pounded America so senseless that it led directly to lost wealth and destitution for millions of Americans.

    Americans WILL NEVER FORGET what President Bush Jr. did to this country. And we all vow it will never happen again.

    It's very easy to take facts, cherry pick them, choosing the ones that fit an agenda, and throw them hard and often at a wall. In hopes that at least a few of them stick.

    This is what this letter is about.

    It pounds out an agenda that has been declared already inedible.

    President Obama for another four years.

    AND a majority in the House and the Senate.

    We have a country to fix. To go back to insanity is not an option.

  5. <...the Presidents comments cost our city many conventions, millions of dollars and many people thier jobs. This is also a fact...>

    Okay, I'm going to beat this dead horse one more time: Did it ever occur to you, Chuckie, that conventions were possibly cancelled because corporations or business entities that planned Vegas conventions were laying off employees, cancelling raises and 401K contributions but yet were going to spend thousands if not millions of dollars, money that came on the backs of those employees, coming to Vegas? The only WISE choice was to cancel their cushy conventions and stay home with the employees they screwed. And sure - the President's remarks probably had something to do with it and on second thought - those entities cancelled those conventions because how would it really look when the Boss tells his assistant or accounting dept. that sorry, no raise this year, your health insurance premium is going up and no more matching 401K contributions but please finish these assignments by tomorrow because he and 20 other hotshot employees will be leaving for 8 days in Vegas for an alleged convention?

    Okay, the horse is dead for sure now.

  6. And, in addition, Det. Munch, many folks cancelled because we were in a credit crunch which dried up lines of credit, made large sales very difficult because financing for them had dried up, really dinged cash flow to the point that a lot of places had difficulty scrounging the cash to make payroll, and made the potential return from conventions and meetings really difficult to see. But the economy stopped crashing, and businesses could see a future -- and they started coming back to Las Vegas for business purposes. So the meeting and conventions business has been strong.

    Our problem continues to be finding enough individuals with enough discretionary income to make money from gaming, rooms, restaurants, and shows. That is rising, but it will take more foreign tourists and much stronger growth in US GDP that raises income levels and restores a semblance of wealth to the middle class.

  7. Not sure if anyone has seen this, but the following sure qualifies to be Mr. Romney's campaign song....

    "Save The Rich" by the internet comediennes Garfunkel and Oates.

    Enjoy.

    http://www.youtube.com/watch?v=_M8fOwHnw...