State Spending To Lure Retirees: Retirement Destinations

Ed Vogel of the Las Vegas Review Journal reported that Nevada spends practically nothing to lure retirees and he feels they're missing the boat. That's because seniors create jobs, spend a lot of money and are not a drag on government services (Applied Analysis in Las Vegas).

In addition, seniors offset unemployment because they bring in a steady income.

Now that housing costs have declined since the onset of the recession, states should be spending more, not less, to appeal to boomers and seniors.