Quote of the Day

“There’s no question … that [the Obama administration has] basically focused too much on making things good for Wall Street and ignored Main Street, and now we’re paying the price for that. This is a structural problem. This is not a cyclical problem, as Larry Summers has been claiming it is. It has been the loss of manufacturing jobs for over 30 years now. We need to throw everything at the problem, including a payroll tax holiday, including creating jobs the way we did during the Depression. Because what is happening is really the assault on the middle class.” — biographer and pundit-at-large Arianna Huffington, indirectly diagnosing one of the primary ailments afflicting Las Vegas (mainly) and other gambling jurisdictions … a shriveling of bargain- and middle-market spending. From ABC-TV‘s This Week.

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