Once one of the fastest-growing states, Nevada now faces the prospect that recovery from its deep economic slump will lag -- perhaps substantially -- a national rebound.
Nevadans are resigned to that dour outlook. A recent Mason-Dixon Polling & Research Inc poll found 42 percent of residents expect the state's economy to stay the same over the next year and 29 percent anticipate it to worsen.
They have good reason to be glum. Credit counseling agency CredAbility ranks Nevada as the most financially distressed state.
"It's the only state at a crisis level," said John McCosh, a spokesman for the Atlanta-based credit counseling agency.
Nevada Casinos have to get people into town cheaper. Casino owners will figure it out, or go broke trying. But their slump is a transportation issue. Compare and contrast how Utah dives straight into the new technology, they are bleeding edge with their toll lanes and BRT. Utah gets it and their unemployment rate is about 7.5%. The Nevada legislator, on the other hand, just dropped a toll road proposal that would have made for smooth sailing into the Vegas strip from the south.
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