And I guarantee that at some point, the money will come back, as it always does.
Arizona's convention industry has sustained a blow. In just the first four months after the law was signed, hotels lost an estimated $45 million. The local economies lost as much as $96 million, the study said. The canceled meetings and conferences could wind up costing the state nearly 2,800 jobs, $87 million in lost wages and more than $250 million in lost economic output over the next few years.
Read more: http://www.sfgate.com/cgi-bin/articl...#ixzz16s38vjCB
And I guarantee that at some point, the money will come back, as it always does.
It was worth it to get the Criminals out of the State.
It just happend that you have to pay for good things. Anyway, your Odie act as it would be crime to effectively get informations about who is who in your own country.
"According to a study by the Center for American Progress........"
Thats would be the George Soros Funded Center for American Progress?
Yeah I think we know its predisposed findings
Nope. In fact I will tell you that the article Ordie is quoting is probably understating the impact to Arizona of that law. Those are the easy to get numbers. What about the impact to restaurants, stores, other services that catered to the hispanic population? What about the impact to the housing prices and occupied real estate when people who are there (and spending money) leave? Hotels and conventions are short cycle businesses where economic impact is felt quickly and is easy to report. However I will not be surprised when the longer cycle economic indicators report in and the cost of this law (or attempted law) runs into the billions.
Arizona should think long and hard about what they are doing because when the baby boomers die off, I would not want to be in business there.
So the Hell with the Law, the hell with following the law, the hell with Legal Immigrants who worked hard to come here and be Citizens? bottom line is cash, if an illegal has some thats whats important. hell why not invite the Narcos in, they have carloads of cash
How Enlightened
There are two sides of the coin. And estimating real economical (note, note only accounting) cost of this law is immpossible, read "What is Seen and What is Not Seen" by Bastiat...
anyway there also gains and revenues created directly and indirectly by this law, not mentioning that such law is (at the end) result of people will, ie econimal subjects who naturally want best combination of different goal created this to immprove their lives.
Arizonans don't care what everyone else thinks. They lost money over the Superbowl controversy in the 90's. Somtimes being right costs money.
Hey, didn't liberal, people-loving San Fancisco just pass a law banning sitting on sidewalks?