Ritz-Carlton to close 5-diamond Las Vegas hotel in May
This is the result of Destructive Politics started by Nancy Pelosi. When the price of energy shot up, people stopped paying their bills, they also stopped going on vacation to Las Vegas. As tourism to Las Vegas Nevada stopped (at repeated request of Barack Obama)businesses slowly downsized. When the Ritz-Carlton will to close their 5-diamond hotel in May of 2010 it will cause a ripple affect through the local economy.
-Hundreds of people on Unemployment lines
-Less Tax Revenue for Residents of Nevada
-Less Revenue to Airlines, Taxies, Restaurants, Clubs, Entertainment, Local Tourist Destinations etc. it affects everyone down to the home less beggar on the corner.
This in turn ripples through the economy again, by driving the demand down for the need to hire employees to service the tourists.
PelosiObamaReid's decisions are direct cause of Ritz-Carlton closing the 5-diamond hotel.
PelosiObamaReid are practicing Destructive Politics!