ST Alpha - "I'm certainly not against gambling, but I don't tihnk it's useful to exaggerate its civic and economic value to society." (Reading a Post)

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In response to "People who feel lucky but who, fortunately for the rest of us, actually aren't!!" by mara

I'm certainly not against gambling, but I don't tihnk it's useful to exaggerate its civic and economic value to society.

Posted by znufrii Nov 4 '09, 07:25

It doesn't create money, it just moves it around.

Responses:

Ah...the displaced spending argument...I know a study was done in 2002 that estimated some $560mil was injected into the economy even with the - Jim Nov 4, 07:28
Fun, on the other hand, *can* be created. -- nm - mara Nov 4, 07:27 1
- which is precisely why I'm not against gambling. :) -- nm - znufrii Nov 4, 07:27
true enough, usually from the people who could least afford to lose it as well -- nm - Beaker Nov 4, 07:26

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