If gambling were banned, those social costs would drop, tax revenues from consumer goods would increase, and money would be pumped into the productive economic sector

This is an industry that generates addicted gamblers and they are desperate to get money

Besides creating more compulsive gamblers, money spent on lotteries isn't spent on other goods such as clothing or computers, which would trickle through to retailers, manufacturers and other parts of the economy

The real loss by gambling is $180,000 to the consumer economy for each slot machine

A 1999 report by a bipartisan federal panel on gambling concluded the United States should put a hold on further casinos until it is clear what the impact is on America

My bottom line is this is no time to be gambling with our economy

A shrinking economy means lost sales and lost jobs