O’Reilly: Learning a lesson from what happens in Vegas
LAS VEGAS – This is a town that looks better at night. Millions of lights pierce the darkness creating a visual that is energetic and trance-inducing. The multilayered light show is dazzling and unique in America.
But when the sun comes up, Las Vegas speaks directly to the recession. Half-completed buildings loom over the landscape like giant steel skeletons. Some developers ran out of money and simply walked away leaving huge, hulking abandoned structures to absorb the desert wind.
But just down Las Vegas Boulevard are the winners: Lavish hotels that cater to one’s every need. This is a city that best defines the two Americas and our very competitive capitalistic system. If you want to understand the free marketplace, Las Vegas is an excellent classroom.
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