Thanks to shutting down the state government and government-owned operations while politicians bicker over the state sales tax rate, the governor is saving New Jersey consumers $20,000,000 each day.
Not all consumers will see this benefit, though. Only those people who were planning to visit and spend money at the state’s casinos in Atlantic City, which have been shut down with all government operations, will benefit. That daily $20,000,000 is what the casinos would be generating in revenue if they were operating at the moment.
This is the case unless those slighted by the lack of entertainment in Atlantic City decide to take trips to Las Vegas instead. While I don’t think most of the slighted gamblers will use the money to gamble elsewhere, I also don’t think the “gambling funds” will find their way to savings accounts.
Updated September 28, 2007 and originally published July 5, 2006. If you enjoyed this article, subscribe to the RSS feed or receive daily emails. Follow @ConsumerismComm on Twitter and visit our Facebook page for more updates.