Your Obedient Serpent (athelind) wrote,
Your Obedient Serpent
athelind

Life in these Untidy States: Stadium--The Abridged Edition

I guess I can boil down my last post into a couple of simple questions:

Does investing public money into building a stadium actually yield a net economic benefit to the community?

If so, does it actually provide more of a benefit than investing the same public money into, say, public transit or public utilities*?




*Note that Santa Clara is one of the few municipalities in Northern California that has its own, independent power generation facilities, and thus is not a serf to PG&E; as a result, they're one of the targets of Proposition 16</i>, officially named the "Right To Vote Act", but generally recognized as the "PG&E Power Grab" or "Monopoly Preservation Act".
Tags: economics, energy, politics, pontification, untidy states
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