Las Vegas Sun (October 2)
“It feels unsavory to consider what this might mean for Las Vegas and our tourist economy. Yet I can’t help but envision the insidious trickle-down impact of one lunatic’s actions. What fun would Las Vegas be if airport security lines guarded every casino entrance? Will the world fear our hospitality? I hope not.”
Tags: Casino entrance, Hospitality, Las Vegas, Lunatic, Security lines, Tourist economy, Trickle down, Unsavory
The Economist (August 9)
Abenomics may be working at the top, but it’s not trickling down to “folk who do not own bundles of shares or a flat in Tokyo’s trendy Daikanyama neighbourhood…. The mantra of Mr Abe and his advisers has been that a virtuous circle would come about whereby wages would rise and lift consumer spending, which in turn would boost investment by companies. Bingo: Japan would emerge from deflation. That is not happening and it is a conundrum.”
Tags: Abe, Abenomics, Advisers, Consumer spending, Daikanyama, Deflation, Investment, Japan, Shares, Tokyo, Trickle down, Wages