The Recession Must Be Over
Is it us, or do these prices strike you as insane?
Especially when the wine business has been in a recession of its own, and there’s a serious glut of cabernet on the market.
Or, are they just more of the same wine gouge which our tourist trap economic thinking imposes on those poor, captive, unsuspecting pigeons….er…uh…we mean…tourists?
Or is it just the usual mark-ups for March Madness to soak the sucker…er…uh…we mean customers….while the town is full for a big weekend?
Or, do they signal an end to the recession?
And if the recession is ending, and better times are ahead, isn’t this the same sort of hubris that caused the catastrophe in the first place?
Because if Wynn/Encore has enough cash floating around to give $135 million to a Chinese university, and your average conventioneer doesn’t mind blowing $35 for a glass (yes, a glass) of California cab, then times must be good, right?
And if there are fools out there willing to spend forty bucks on something that isn’t worth it…it’s practically our duty as Las Vegans to relieve them of their cash, isn’t it?
After all, that’s what this town was built on, right? Just ask Steve “Mr. Chinese Philanthropist” Wynn.