This should be a lesson in many ways. Sate by state we see others not only getting addicted to the revenues from gambling but soon from the sale of marijuana. It started state by state with lottery drawings (alongside off track betting). Then national lottery drawings. Next it was slots. Followed by table games in buildings of brick and mortar. Online gambling followed after that in some states. Next is marijuana.
Obviously catering to peoples vices, prostitution is likely next to follow. States who fail to jump on board fear residents from their state will gamble, buy pot or one day rent women by the hour in the neighboring states surrounding them.
As each vice was added the benefits over the long term never materialized as promised. What each have in common is they failed to plan for the long term after diminishing returns started to evaporate.
What Have We Learned, Kids?
(1) We learned that politicians are short sighted. Whatever gets them through next year's budget or until the next election is all that matters.
(2) Any extra money is spend on lollipops rather then building towards the future with the extra income.
(3) Gambling, drugs and (soon to be) prostitution is (or shortly will be) better left in government hands then that of criminal thugs. Anyone remember a time when all this was once illegal activity?
(4) There a bunch of
(5) Government can make anything legal if it is the beneficiary. When it's your football, you get to make the rules.
My Final Thoughts
An honest day's pay for honest work done should be an honest dollar well spent. This applies to individuals' as well to our government. Can anyone truly say we've met those expectations?
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