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Saturday
Feb142009

Creating jobs in NH whatever do you mean? 

Sands BethWorks Casino

This is an artist's rendering of the soon to be opened Sands Bethworks Casino in Bethlehem, Pennsylvania directly on the site of the former Bethlehem Steel Corporation. I've spent some time researching this whole project, and from an economic development standpoint the concept definitely leads somewhere.

- 1825 new jobs.

- Existing industries in the region are not only enhanced by the presence of this new casino but according to at least one article I've read, there is pressure to increase wages, benefits to retain quality workers.

- A local community college is designing a curriculum and course(s) around the business model and operation(s) of the Sands Bethworks. More education, more prosperity.

- Greater regional taxbase will lead to more reinvestment in the community. This is certainly better than an abandoned, rusting steel mill.

Here is a link to a story that appears in the Baltimoresun.com titled: A safe bet. Sands Bethworks Casino likely to be a top employer. By Matt Assad.

http://www.baltimoresun.com/topic/all-casino030908,0,2962578.story

I think this is a quality, realistic argument on why casino gaming should be passed by the NH Legislature this session. And the creation of jobs, economic development and a better future for New Hampshire. 

The director of the New Hampshire Chairitible foundation talks about "social capital" as a reason to kill the casino legislation, yet not once have I seen him or any other opponent of this legislation make any type of statement about creating jobs and economic development for New Hampshire.

Social capital.

 

Reader Comments (3)

This will not scale. Gambling is purely redistribution. It's zero sum. It doesn't CREATE wealth it simply gathers it. We can't ALL gather wealth EVERYWHERE. There would be nowhere left for it to come FROM.

We need manufacturing. We need jobs creating tangible goods that support human life.
February 17, 2009 | Unregistered CommenterRowland
"This will not scale. Gambling is purely redistribution. It's zero sum. It doesn't CREATE wealth it simply gathers it. We can't ALL gather wealth EVERYWHERE. There would be nowhere left for it to come FROM."

Tourism is the largest industry in New Hampshire now. How can gambling be zero sum if it leads to regional economic development and taxbase expansion? There is going to be manufacturing in the U.S. and Canada it just won't be in New Hampshire. I think this is unfortunate but this is the reality.

"We need manufacturing. We need jobs creating tangible goods that support human life."

We also need the infastructure, workforce training and regulatory framework to support manufacturing. This unfortunately, does not exist in New Hampshire and direct evidence of this can be found in every manufacturer that has departed New Hampshire. I don't see this environment changing anytime soon. I think Vermont is in an even worse position than New Hampshire.

Clearly the page has turned.
February 18, 2009 | Unregistered CommenterSteven J. Connolly
Connolly wants us to accept our loss of a manufacturing base as inevitable. Why should we?

If the laws discourage manufacturing then change the damn laws. If the DOT is wasting highway dollars then reform the DOT.

WORK THE PROBLEM.
February 21, 2009 | Unregistered CommenterRowland

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