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Escabrosa
Guest
Agreed, for the most part. Charity is voluntary by definition.
Apart form the crime, I guarantee you that all of these costs were considered. It’s standard practice when approaching any large-scale construction like this.ProdglArchitect:
All these things were studied. What wasn’t studied were tons of costs not factored in - like the park in front of it that needed to be maintained by taxpayers even though it’s private.I’m no big sports fan, but how many jobs does that stadium provide yearly? How much revenue does it generate each year? How likely is it to spur on further development in the surrounding areas? Does it provide a service to the community when not being used as a stadium? What other events can they hold there to bring in tourists? What sort of tax revenue can we expect to see from it’s use?
There is the increased crime around the stadium. The streets, utilities, and the light rail station that had to be added and likewise maintained.
But regardless, the principle of the matter is that we taxpayers should not be on the hook to pay 1.5 B for a PRIVATE stadium, when our schools, roads, and bridges need more funding.
Finally, to answer your question, so far, no the costs not been outweighed by the return. We’re nowhere close to breaking even.
Perhaps crutch was a bad word choice. I agree that it should be available on a temporary basis. My issue is also with people who use it as a way of life.Actually I think the opposite is true. Public support SHOULD be a “crutch”. There should be an expectation that it is temporary, and that the recipient will return to become a productive member of society, who can support others while they are on “crutches”. What we need is reform to prevent it from becoming a way of life.
No, the lack of opportunity does. Like when the city factories close in the 70s and 80s and Appalachian coal is no longer ordered in the quantities it was when those factories were open.Yeah. Welfare just keeps people poor usually. It’s basically socialist.
I think these studies are often highly manipulative.All of these factors are considered in depth before going to the city to get permission to build something like a stadium, or really any other public facility. I’ve been involved in those discussions before. Unless the politico’s are just completely corrupt, they’re not going to undertake a project like that unless there is substantial evidence that it will benefit the community.
When funding needs to increase, your taxes go up. I’ve lived in Texas - it’s not just your property taxes and the high sales tax that support your state. It’s also Federal funding. When it falls short nationwide from a Federally funded program, Federal taxes can go up.You also need to consider the cost of living is different in rural MS vs urban Chicago or San Francisco. The idea of me (in Texas) paying to help keep someone housed in San Francisco, when they could live much more inexpensively somewhere else seems a bit wrong.
If we always raise taxes in order to help certain states that don’t keep their financial affairs in order, then we are just enabling poor leadership in that state.
I don’t have it on me, but in my school days we looked at an economic study that looked at the elasticity of employment when minimum wages changed.You also need to take into account that some municipalities, states, etc., sometimes cause the lack of opportunity by their tax laws. For example, if you require a living wage (or lets just say $15 per hour) for flipping burgers, then the burger flipper needs to drive more than $15 of value per hour…if not, the burger joint might either go out of business, leave or buy a burger flipping machine that operates at a lower cost than the employee.
it’s religious fantasy to pretend that “innovation” will somehow replace those jobs
Many of those “other activities” are service work or drawing a check of some sort.except that’s not the case. We produce more food with fewer people and people who previously farmed are now engaged in other activities.
Importing cheap labor isn’t a huge a concern because unless you’re doing something illegal, you still have to pay them American wages. But you’re spot-on about offshoring.Innovation works, it’s offshoring our jobs and importing cheap labor that’s the problem.
Seattle and Spokane are feeling the pinch at the moment, though.KMC:
I don’t have it on me, but in my school days we looked at an economic study that looked at the elasticity of employment when minimum wages changed.You also need to take into account that some municipalities, states, etc., sometimes cause the lack of opportunity by their tax laws. For example, if you require a living wage (or lets just say $15 per hour) for flipping burgers, then the burger flipper needs to drive more than $15 of value per hour…if not, the burger joint might either go out of business, leave or buy a burger flipping machine that operates at a lower cost than the employee.
The distribution was pretty telling - it was spike-shaped, like a chi-squared distribution, with probably 90-95% of the values being on “0” or near “0” as a measure of percent change.
There’s change when minimum wages jumps. But it’s very negligible.