Originally posted by: Mark
If you follow Vegas related stuff on social media, a lot of these MAGA types blame "nickel and diming" with a combination of reality denying. What are you talking about Vegas is dying? And then they will share a photo that was taking during a busy weekend and say see. Of course, numbers don't lie gaming revenue, home prices, occupancy rates and arrivals at LAS are all down. Foreclosures and unemployment are up.
My take is that the nickel and diming doesn't matter until the economy starts sliding. People begin to look for things to cut back on and trips to Vegas to spend money on gambling, expensive meals and going to expensive clubs is generally at the top of the list. Vegas has always been the canary in the coal mine when it comes to predicting economic downturns because going to Vegas is pure discretionary spending. I hate to break it to the reality deniers but the canary is 😵.
Trump's tariffs, the round up of brown folks and hostility towards foreigners is what is killing Vegas and the US economy in general. Those missing foreign visitors spend a lot of money in Vegas because they tend be on the wealther side as they can afford international travel.
Foreign visitors see the military occupation of cities and have seen other visitors beaten and imprisoned for minor paperwork snafus or simply being non-white and caught up in one of Trump's raids.It gets better as Trump just deliverd the coup de grace to Vegas in his BBB. The US now charges a $250 fee for visa holders to simply enter the US. That is the ultimate nickel and dime. Very few travelers are going to cough up $250 for each person in their party just to visit Vichy Vegas.
If you are a Trump voter and want to know what caused the downturn in Vegas be honest with yourself. Walk into your bathroom, turn on the light and look into the mirror. Now you know who is responsible.
The Liberal argument is that it's stupid to to negotiate fair trade.
