...and the 2009 Super Bowl goes to

LordOfEntropy · 05-27-2005, 01:21 PM

Originally Posted by Euphoria

Are the tax payers willing to touch up the dome for 174 million or just build a new one.

Am I willing to pay? Hell yeah.

Does anyone else remember their macro and micro economics classes? The New Deal under Roosevelt? The recovery after the dot-com crash? I'll summarize - when an economy is in a slump, pump money into the market until the market stabilizes.

Lousiana. Let's see. Extremely high percentage of poverty and unemployment... awful economy... huge blighted area across the river....

If we buy a stadium, that means 400+ million dollars spent locally. Which means thousands of local contractors get employed, and the contruction takes years. Of course local contractors spend paychecks on items that only benefit football (like food, clothing, shelter, little Debbie Snack cakes, cars, gas, toilet paper).

So... the state spends a huge amount of money. Local businesses make that money. Local employees get paychecks. Friends go back to work. Blight becomes new. The state taxes the transactions.

Does anyone else see that spending money locally (even on ridiculous frivolous expensive items like new football stadiums) isn't ridiculous?

05-27-2005, 01:21 PM	#4
LordOfEntropy 1000 Posts + Join Date: Apr 2003 Location: Cary, NC Posts: 1,838	Re: RE: ...and the 2009 Super Bowl goes to Originally Posted by Euphoria Are the tax payers willing to touch up the dome for 174 million or just build a new one. Am I willing to pay? Hell yeah. Does anyone else remember their macro and micro economics classes? The New Deal under Roosevelt? The recovery after the dot-com crash? I'll summarize - when an economy is in a slump, pump money into the market until the market stabilizes. Lousiana. Let's see. Extremely high percentage of poverty and unemployment... awful economy... huge blighted area across the river.... If we buy a stadium, that means 400+ million dollars spent locally. Which means thousands of local contractors get employed, and the contruction takes years. Of course local contractors spend paychecks on items that only benefit football (like food, clothing, shelter, little Debbie Snack cakes, cars, gas, toilet paper). So... the state spends a huge amount of money. Local businesses make that money. Local employees get paychecks. Friends go back to work. Blight becomes new. The state taxes the transactions. Does anyone else see that spending money locally (even on ridiculous frivolous expensive items like new football stadiums) isn't ridiculous?