Is the economy turning around?

You read it in the papers and see it on the news. All the reports of how the economy is slowing turning around.
In Iowa, the answer seems to be build more casinos. I find it hard to believe this is going to create the stimulus needed to spur the economy.
Yes, creating jobs is important, but what about the ramifications when people lose hard earned money they can't afford to in order to keep these few people employed at casinos?
There are only so many dollars and I can't see this as an answer to the current situation.
There are too many casinos in Iowa as it is. Yes, they help the communities they are in and support some state funding, but where do those dollars come from?
The hard earned wages of people who should be paying down debt rather than lining the pockets a few corporate owners.
What happens when the market is saturated? Others in the industry see a loss. That's all that is going to happen if more casinos are built in Iowa. People who frequent new casinos hoping for better luck and higher payouts. The established casinos will see fewer customers, the need for less staff and those employees will be put out of work by the new jobs created in different locations.
How is this going to help stimulate the economy?
It's about as sound as the current universal health care plans. Not too well thought out.
It matters in the end, but there is always going to be the faction of people who will slip through the cracks and not gain any benefit when they are the ones who need it the most.