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Old 01-05-2015, 02:38 PM
 
18,740 posts, read 8,361,835 times
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Quote:
Originally Posted by Opin_Yunated View Post
I support.

Those stadiums are used for far more than just sporting events. They become community expo centers. They attract big events to the city, which are immediate economic boosts. Taxpayers indeed reap the benefits.
Call Bernie Sanders and add major sports stadiums to his list of Federally funded infrastructure jobs plan. Funded by central new money creation a mere $B is chickenfeed. Of course the system would have debt to pay off, but the burden is not on the local taxpayer.
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Old 01-05-2015, 02:43 PM
 
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While I am unsure of my opinion on this (I can make a pro and con argument simultaneously), I did some searching and found this interesting article from 2 yrs ago... turns out, every American has helped subsidize the building of the Dallas Cowboys new stadium.

In Stadium Building Spree, U.S. Taxpayers Lose $4 Billion - Bloomberg
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Old 01-05-2015, 02:43 PM
 
Location: Someplace Wonderful
5,177 posts, read 4,767,482 times
Reputation: 2587
Quote:
Originally Posted by PedroMartinez View Post
I think it should be up to the voters. If they want to pay for it, it's their decision.

That being said, I'd never vote to use public funds for a stadium.
Voters are stupid
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Old 01-05-2015, 02:47 PM
 
7,846 posts, read 6,374,233 times
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Quote:
Originally Posted by RecentlyMoved View Post
While I am unsure of my opinion on this (I can make a pro and con argument simultaneously), I did some searching and found this interesting article from 2 yrs ago... turns out, every American has helped subsidize the building of the Dallas Cowboys new stadium.

In Stadium Building Spree, U.S. Taxpayers Lose $4 Billion - Bloomberg
It uses a disingenuous argument.

They lose $4 billion in subsidies to the plutocrats. Like I said, Dallas' economy is going to benefit more than $1 billion over the life of that stadium. If the World Cup ends up in Texas Stadium (which it very well may in the future), it makes that back overnight.

Whether people like it or not.. stadiums are infrastructure. Nonessential infrastructure, but still infrastructure.
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Old 01-05-2015, 02:51 PM
 
Location: Central Texas
13,715 posts, read 31,035,947 times
Reputation: 9270
Quote:
Originally Posted by Opin_Yunated View Post
So your argument is reduced to the economic data is "faulty" because you say so...

If a stadium cost $1 billion and exists for 50 years, it has to have a $1 billion net economic benefit to taxpayers to be a positive "investment." That's easy.
Is a 50 yr ROI good enough for you?
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Old 01-05-2015, 02:52 PM
 
Location: Someplace Wonderful
5,177 posts, read 4,767,482 times
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Quote:
Originally Posted by Opin_Yunated View Post
I support.

Those stadiums are used for far more than just sporting events. They become community expo centers. They attract big events to the city, which are immediate economic boosts. Taxpayers indeed reap the benefits.
NO! It is NOT the role of government to provide venues for professional sports.

In a free market, investors would build the facilities and do what it takes to make a profit.

I have a real problem with a business that can afford to pay their employees millions of dollars a year cannot afford to build their own places of employment, but need the taxpayer to give them goodies.

You, as a liberal leftist, should be opposed to subsidies to the rich. Your position tells me that you are a member of the largest special interest group in America - professional sports fans !!
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Old 01-05-2015, 02:53 PM
 
7,846 posts, read 6,374,233 times
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Quote:
Originally Posted by hoffdano View Post
Is a 50 yr ROI good enough for you?
It took almost that long for most of our turnpikes to pay themselves back. Where are your complaints there?
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Old 01-05-2015, 02:53 PM
 
2,253 posts, read 2,510,918 times
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Quote:
Originally Posted by Opin_Yunated View Post
It uses a disingenuous argument.

They lose $4 billion in subsidies to the plutocrats. Like I said, Dallas' economy is going to benefit more than $1 billion over the life of that stadium. If the World Cup ends up in Texas Stadium (which it very well may in the future), it makes that back overnight.

Whether people like it or not.. stadiums are infrastructure. Nonessential infrastructure, but still infrastructure.
There is inconsistency to how this is done across the US.

The voters on Long Island voted against a new Nassau Coliseum a few yrs ago, which is terrible shape, in a state of disrepair actually. The Islanders' owner ended up moving the team off LI (starting next year I think) and they'll play at the brand new Barclay's Center in Brooklyn.

So why do LI'ers have an opportunity to vote on this, but other cities, like Dallas, get it done with using tax subsidies from the US Gov't?
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Old 01-05-2015, 02:54 PM
 
7,846 posts, read 6,374,233 times
Reputation: 4025
Quote:
Originally Posted by RecentlyMoved View Post
So why do LI'ers have an opportunity to vote on this, but other cities, like Dallas, get it done with using tax subsidies from the US Gov't?
Lobbying. Dallas has oil tycoons that purchase your government. You won't protest it so stop complaining.
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Old 01-05-2015, 02:54 PM
 
Location: Pacific NW
9,437 posts, read 7,331,152 times
Reputation: 7979
Quote:
Originally Posted by siobhandem View Post
Do you support using taxpayer funds to build sports stadiums?.
No, but in the liberal Seattle area that doesn't matter. When a majority of the people vote NO on it the politicians do it anyway.
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