American State Lottery System – Should This Legal Gambling System Go Private to Increase Profits?
Do you guys remember when different states started to institute lottery gambling systems that they promised would help to pay for a lot of our state’s bills and for a lot of our schools programs and education. The Florida State lottery for example was supposed to help the Florida educational system and help put extra money back into the system but instead it gave an excuse to the state to cut spending on education itself.
I personally think that the lottery system should be handed over to private sector and allow them to give the same percentage back to their state. This is a great idea because I have always thought that the free market could run a macau303 more efficiently than a large bureaucratic state that has so much red tape to succeed profit wise.
Gov. Arnold Schwarzenegger wants to propose a revolutionary concept, that is, he wants a state lottery of California to be privately owned. Now that the state of California is on the verge of running out of money it should be more efficient by cutting its expenses and all sectors. The private sector has always been more efficient at cost-cutting and profit-making than the state or federal government has been. Now if this law is passed then you should see a flurry of governors from smaller states also moving to make this law. Not only would this give us more profits to use on education will also cut a percentage of our states budgets. If this law does not pass then I think there should be more unbiased oversight over the operations of our state lotteries just to make sure that this money is going straight to where it’s supposed to go, another words to our educational system and not into the hands of greedy state bureaucrats.
Over the years I haven’t seen much monetary support coming from the state lotteries towards our educational systems so maybe an unbiased citizens oversight committee could help boost the state lottery’s profits and get them on track to do exactly what they were created to do for us. Our educational system has started falling behind as far as production from our children compared to the other educational systems worldwide especially the French educational system. I think as Americans we should put forward steps to start changing the stats by focusing more on profits spent towards education.
The lottery system was first introduced by the Italian government many hundreds of years ago and it has always brought massive profits to the country of Italy. So, if we plan to run our state lottery anymore efficient manner maybe we should look to the Italian model to help us through. These are just some options that I have pointed out that could possibly have some benefit.