Recession hits the brothel business
One Nevada madam says clients no longer have as much money to spend, and she worries about the fiscal cliff negotiations in Washington.
In this video, the madam who runs the famous Mustang Ranch brothel in Nevada says business has been better. Susan Austin thought prostitution would be recession-proof, but that didn't happen.
"When a lot of my high rollers all of a sudden discovered they didn't have the discretionary income and they couldn't play as hard as they used to, well that definitely dug into their wallets which definitely affected us," she told CNBC's Jane Wells.
The company doesn't count prostitutes among its employees. Instead, the prostitutes work as independent contractors that negotiate prices with customers and then pay Mustang Ranch a commission, Wells reports. If customers decide to use one of the larger, nicely decorated suites, it can add $1,000 to their bill.
The Ranch has been forced to drop prices on its "Pleasure Menu." And though it's tough to imagine the fiscal cliff being a top conversation topic there, Austin seems to be worried about the potential of higher taxes and a heavier burden on the rich that the fiscal cliff may bring.
"Anything that happens in Washington affects everybody in the United states," she said. "It's going to trickle down to me sooner or later. So it's definitely going to hurt me in the end."
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i feel bad for the honies and the brothel owners et al. ho's need $love$ too. harry reid's nevada is suffering because obama told people to stop spending their money in nevada in 2010, tha joark!
"It's going to trickle down to me sooner or later. So it's definitely going to hurt me in the end."
Uh, YA literally!
Obama messes up even his blue state - Nevada...................
Obama again is affecting the economy in bad ways - even his constituents in Nevada are losing income....why would they ever vote for him??
4 more years of...........misery!!
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A basic income policy can actually ensure a decent standard of living for everyone.
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