--- title: "Meaning & Key Takeaway of: There is a respectable body of economic…" description: "\"There is a respectable body of economic thought that holds that casino gambling is actually economically regressive to a state and a community.\" — Mari..." image: "https://sms4smile.com/quotes/i/7ca/mario-cuomo-4807_body_there-is-a-respectable-body-of-economic_61448.png" --- # There is a respectable body of economic thought that holds… ![“There is a respectable body of economic thought that holds that casino gambling is actually economically regressive to a state and a community.” quote by Mario Cuomo](https://sms4smile.com/quotes/i/7ca/mario-cuomo-4807_body_there-is-a-respectable-body-of-economic_61448.png) [Download](https://sms4smile.com/quotes/i/7ca/mario-cuomo-4807_body_there-is-a-respectable-body-of-economic_61448.png) [Open image](https://sms4smile.com/quotes/i/7ca/mario-cuomo-4807_body_there-is-a-respectable-body-of-economic_61448.png) > “There is a respectable body of economic thought that holds that casino gambling is actually economically regressive to a state and a community.” [Mario Cuomo](https://sms4smile.com/quotes/author/mario-cuomo/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. The quote argues that gambling can drain wealth from a community, acting as a regressive economic force rather than a benefit. **In simple terms:** Gambling may harm local economies. Key Takeaway Casino revenue often benefits external interests. Themes economic inequality public policy taxation social welfare regressive impact Mood critical analytical Type policy statement economic observation When to use this quote - state budget planning - local business development - public health campaigns - tax policy debates - community revitalization Key Concepts wealth redistribution government revenue community health industry influence Practical Applications - policy analysis - impact assessment Questions to Reflect On - How does gambling revenue compare to its social costs? - What alternatives could fund public services without regressive impacts? A Different Perspective Proponents claim casinos create jobs and tax income, offsetting regressive effects. ★ ★ ★ ★ ★ No ratings yet [Body](https://sms4smile.com/quotes/about/body/) [Casino](https://sms4smile.com/quotes/about/casino/) [Community](https://sms4smile.com/quotes/about/community/) [Economics](https://sms4smile.com/quotes/about/economics/) [Gambling](https://sms4smile.com/quotes/about/gambling/) ## Related quotes > [Casino gambling is colorful and dramatic and theatrical.](https://sms4smile.com/quotes/steve-wynn/casino-gambling-is-colorful-and-dramatic-and-theatrical/) [Steve Wynn](https://sms4smile.com/quotes/author/steve-wynn/) > [Donald Trump he wanted casino gambling in Florida. 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They are spending a lot of money on military expenses and less…](https://sms4smile.com/quotes/philippe-falardeau/we-have-a-conservative-government-that-only-thinks-in-terms-of/) [Philippe Falardeau](https://sms4smile.com/quotes/author/philippe-falardeau/) > [“Examining 15 types of legal gambling, the researchers came to a striking conclusion: Casino gambling had by far the most harmful effects on people…](https://sms4smile.com/quotes/anonymous/examining-15-types-of-legal-gambling-the-researchers-came-to-a/) [Anonymous](https://sms4smile.com/quotes/author/anonymous/) > [ “\[T\]here may be no more depressing place on the planet than the floor of a casino.” ](https://sms4smile.com/quotes/gene-doucette/t-here-may-be-no-more-depressing-place-on-the-planet-than-the-floor/) [Gene Doucette](https://sms4smile.com/quotes/author/gene-doucette/) > [My whole business philosophy is based on a risk-reward ratio. But it's got to stack up. If it doesn't, don't do it. You might…](https://sms4smile.com/quotes/theo-paphitis/my-whole-business-philosophy-is-based-on-a-risk-reward-ratio-but-it-s/) [Theo Paphitis](https://sms4smile.com/quotes/author/theo-paphitis/) > [Casino Royale' was fabulous and I saw 'Bourne Identity' over and over again.](https://sms4smile.com/quotes/akshaye-khanna/casino-royale-was-fabulous-and-i-saw-bourne-identity-over-and-over/) [Akshaye Khanna](https://sms4smile.com/quotes/author/akshaye-khanna/) > [I felt 'Quantum of Solace' completely lost its way. We were lucky on 'Casino Royale:' it was the origin story of Bond. Bond had…](https://sms4smile.com/quotes/martin-campbell/i-felt-quantum-of-solace-completely-lost-its-way-we-were-lucky-on/) [Martin Campbell](https://sms4smile.com/quotes/author/martin-campbell/) > [“Move aside Ebola, smallpox, and AIDS; make room for narcolepsy. I would become shunned and avoided. 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The longer they play, the more they…](https://sms4smile.com/quotes/robert-de-niro/in-the-casino-the-cardinal-rule-is-to-keep-them-playing-and-to-keep/) [Robert De Niro](https://sms4smile.com/quotes/author/robert-de-niro/) > [“My casino experience is to someone else their experience with their employer, of how the company has elected to behave solely for greed, profits,…](https://sms4smile.com/quotes/john-talmage-mathis/my-casino-experience-is-to-someone-else-their-experience-with-their/) [John-Talmage Mathis](https://sms4smile.com/quotes/author/john-talmage-mathis/) > [“The town will never be the same. After the Tangiers, the big corporations took it all over. Today it looks like Disneyland. And while…](https://sms4smile.com/quotes/sam-rothstein/the-town-will-never-be-the-same-after-the-tangiers-the-big/) Sam Rothstein ## More by Mario Cuomo > [We believe in a government that is characterized by fairness and reasonableness, a reasonableness that goes beyond labels, that doesn't distort or promise to…](https://sms4smile.com/quotes/mario-cuomo/we-believe-in-a-government-that-is-characterized-by-fairness-and/) [Mario Cuomo](https://sms4smile.com/quotes/author/mario-cuomo/) > [America was born in outrageous ambition, so bold as to be improbable. The deprived, the oppressed, the powerless from all over the globe came…](https://sms4smile.com/quotes/mario-cuomo/america-was-born-in-outrageous-ambition-so-bold-as-to-be-improbable/) [Mario Cuomo](https://sms4smile.com/quotes/author/mario-cuomo/) > [The biggest aggravation in the Arab world, the biggest reason for their anger toward us and the creation of those suicide terrorists, is Israel…](https://sms4smile.com/quotes/mario-cuomo/the-biggest-aggravation-in-the-arab-world-the-biggest-reason-for/) [Mario Cuomo](https://sms4smile.com/quotes/author/mario-cuomo/) > [Nobody has ever gotten a bigger push than Bill Clinton gave to Obama.](https://sms4smile.com/quotes/mario-cuomo/nobody-has-ever-gotten-a-bigger-push-than-bill-clinton-gave-to-obama/) [Mario Cuomo](https://sms4smile.com/quotes/author/mario-cuomo/) > [It is not a government's obligation to provide services, but to see that they are provided.](https://sms4smile.com/quotes/mario-cuomo/it-is-not-a-government-s-obligation-to-provide-services-but-to-see/) [Mario Cuomo](https://sms4smile.com/quotes/author/mario-cuomo/) > [My favorite thought about Abraham Lincoln is he believed in two things: loving one another and working together to make this world better.](https://sms4smile.com/quotes/mario-cuomo/my-favorite-thought-about-abraham-lincoln-is-he-believed-in-two/) [Mario Cuomo](https://sms4smile.com/quotes/author/mario-cuomo/) > [9/11 occurs, and you're going to rebuild, and after awhile, the memory will be there, but there will be something new there, and different,…](https://sms4smile.com/quotes/mario-cuomo/9-11-occurs-and-you-re-going-to-rebuild-and-after-awhile-the-memory/) [Mario Cuomo](https://sms4smile.com/quotes/author/mario-cuomo/) > [The Mafia is a question every time an Italian raises his head.](https://sms4smile.com/quotes/mario-cuomo/the-mafia-is-a-question-every-time-an-italian-raises-his-head/) [Mario Cuomo](https://sms4smile.com/quotes/author/mario-cuomo/) > [People asked me what I want as an epitaph: 'He tried'](https://sms4smile.com/quotes/mario-cuomo/people-asked-me-what-i-want-as-an-epitaph-he-tried/) [Mario Cuomo](https://sms4smile.com/quotes/author/mario-cuomo/) > [I had not even thought of running for president until one day in 1991, at a small fund-raiser, completely unanticipated, someone stood up and…](https://sms4smile.com/quotes/mario-cuomo/i-had-not-even-thought-of-running-for-president-until-one-day-in-1991/) [Mario Cuomo](https://sms4smile.com/quotes/author/mario-cuomo/) > [I protect my right to be a Catholic by preserving your right to believe as a Jew, a Protestant, or non-believer, or as anything…](https://sms4smile.com/quotes/mario-cuomo/i-protect-my-right-to-be-a-catholic-by-preserving-your-right-to/) [Mario Cuomo](https://sms4smile.com/quotes/author/mario-cuomo/) > [I love immigrants. Legal, illegal - they're not to be despised.](https://sms4smile.com/quotes/mario-cuomo/i-love-immigrants-legal-illegal-they-re-not-to-be-despised/) [Mario Cuomo](https://sms4smile.com/quotes/author/mario-cuomo/) > [Barack Obama is probably one of the brightest in terms of sheer intelligence... also probably the best orator we've ever had as a president.](https://sms4smile.com/quotes/mario-cuomo/barack-obama-is-probably-one-of-the-brightest-in-terms-of-sheer/) [Mario Cuomo](https://sms4smile.com/quotes/author/mario-cuomo/) > [The American people need no course in philosophy or political science of church history to know that God should not be made into a…](https://sms4smile.com/quotes/mario-cuomo/the-american-people-need-no-course-in-philosophy-or-political-science/) [Mario Cuomo](https://sms4smile.com/quotes/author/mario-cuomo/) > [Outrage is easy, cheap, and oversold. The nation needs less anger and more thoughtful reflection, less shouting and more listening, less dissembling and more…](https://sms4smile.com/quotes/mario-cuomo/outrage-is-easy-cheap-and-oversold-the-nation-needs-less-anger-and/) [Mario Cuomo](https://sms4smile.com/quotes/author/mario-cuomo/) [Explore all 105 Mario Cuomo quotes ](https://sms4smile.com/quotes/author/mario-cuomo/) ## More Body quotes > [Most of us are convinced that we are our egos, which is who we think we are. 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I've also done some gravity tests…](https://sms4smile.com/quotes/richard-branson/i-ve-used-the-phoenix-centrifuge-to-replicate-what-the-body-s-going/) [Richard Branson](https://sms4smile.com/quotes/author/richard-branson/) > [Practically all animals which move fast in a homogeneous medium have found means of giving their body a streamlined shape, thereby reducing friction to…](https://sms4smile.com/quotes/konrad-lorenz/practically-all-animals-which-move-fast-in-a-homogeneous-medium-have/) [Konrad Lorenz](https://sms4smile.com/quotes/author/konrad-lorenz/) > [If the media is sending girls the message that their value lies in their bodies, this can only leave them feeling disempowered and distract…](https://sms4smile.com/quotes/jennifer-siebel-newsom/if-the-media-is-sending-girls-the-message-that-their-value-lies-in/) Jennifer Siebel Newsom > [Boys and boys' body image and clothes have become just as important an issue for boys as for girls.](https://sms4smile.com/quotes/rosalind-wiseman/boys-and-boys-body-image-and-clothes-have-become-just-as-important-an/) [Rosalind Wiseman](https://sms4smile.com/quotes/author/rosalind-wiseman/) > [By making conscious choices in our behavior and where we focus our attention, we can transform our experience of our body, decrease our biological…](https://sms4smile.com/quotes/deepak-chopra/by-making-conscious-choices-in-our-behavior-and-where-we-focus-our/) [Deepak Chopra](https://sms4smile.com/quotes/author/deepak-chopra/) > [Racism is a cancer. You cannot ignore it and it'll go away. If you ignore cancer, it simply metastasizes and consumes the whole body.](https://sms4smile.com/quotes/daryl-davis/racism-is-a-cancer-you-cannot-ignore-it-and-it-ll-go-away-if-you/) [Daryl Davis](https://sms4smile.com/quotes/author/daryl-davis/) > [America, you're sending girls a mixed message. On one hand, you're saying to have positive body image and love who we are; on the…](https://sms4smile.com/quotes/adora-svitak/america-you-re-sending-girls-a-mixed-message-on-one-hand-you-re/) [Adora Svitak](https://sms4smile.com/quotes/author/adora-svitak/) > [I read a couple of books about neuroscience and the relationship between the mind and the body.](https://sms4smile.com/quotes/joel-kinnaman/i-read-a-couple-of-books-about-neuroscience-and-the-relationship/) [Joel Kinnaman](https://sms4smile.com/quotes/author/joel-kinnaman/) > [If japa is maintained, no useless talk during work will be possible. The mind will always remain peaceful. 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