Publicly funded stadiums, is this the dumbest idea or what?

Quote from pookie:

FREE MARKET...Let the owners pay for their own damn stadiums.
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These are typically voted on by the tax payers. Quite different than you're typical "force it down your throat" way that federal law makers work.
 
I don't disagree with the public funding. Right now where I live there is lots of debate about public funding for a new arena for the Edmonton Oilers NHL team. Personally I would vote for public funding if that's what it takes to get a new arena because without one the team would likely eventually be moved. A sports team can bring a lot to a city! If a certain city wants a professional sports team they might have to fund it themselves because it might not be the ideal spot for an owner to build.
 
when you're in a gigantic credit bubble anything and everything gets approved. only once the party is over does the astonishing waste become evident.
 
Quote from KINGOFSHORTS:

How did this happen.

Taxpayers go on the hook for 300-400 million dollar stadiums.

Teams get this stadium free, the billionare owners make a fortune, sports players making 100 million a year etc..

and the jobs the stadium creates are minimum wage jobs paid by the county.

Why do people vote for this? And then you hear people complaining about teachers and public services being cut or taxes having to be raised.

New Jersey is still paying debt on a stadium built in the 70s.
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You mean the people who wrote up the Constitution didn't intend for this to happen? I'm shocked.:eek:
 
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