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markparham

(123 posts) Thu Jul 25, 2013, 01:02 PM Jul 2013

Detroit Red Wings Get New $400 Million Taxpayer-Financed Stadium While the City Goes Bankrupt

[link:http://www.markparhampolitics.com

7 replies

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Detroit Red Wings Get New $400 Million Taxpayer-Financed Stadium While the City Goes Bankrupt (Original Post) markparham Jul 2013 OP

The author of Sundown Towns exboyfil Jul 2013 #1

Thanks for the perspective. Explains a lot. freshwest Jul 2013 #5

This is ridiculous. juajen Jul 2013 #2

WOW! How immoral is this bit of news? Vinnie From Indy Jul 2013 #3

Although the stadium will bring some jobs, shenmue Jul 2013 #4

The economic benefits of taxpayer funded stadiums are non-existent. Bernardo de La Paz Jul 2013 #6

K & R ctsnowman Jul 2013 #7

exboyfil

(17,865 posts)

1. The author of Sundown Towns

Reply to markparham (Original post)

Thu Jul 25, 2013, 01:06 PM

Jul 2013

addresses this phenomenon. Essentially the suburbs bleed the inner city dry by utilizing services (museums etc) which do not help the tax base, but need the city services to support them. This is taking that argument up a notch.

freshwest

(53,661 posts)

5. Thanks for the perspective. Explains a lot.

Reply to exboyfil (Reply #1)

Thu Jul 25, 2013, 01:16 PM

Jul 2013

juajen

(8,515 posts)

2. This is ridiculous.

Reply to markparham (Original post)

Thu Jul 25, 2013, 01:06 PM

Jul 2013

Vinnie From Indy

(10,820 posts)

3. WOW! How immoral is this bit of news?

Reply to markparham (Original post)

Thu Jul 25, 2013, 01:07 PM

Jul 2013

Pensioners get screwed and the 1%'ers get a shiny new stadium. America has gone insane!

shenmue

(38,506 posts)

4. Although the stadium will bring some jobs,

Reply to markparham (Original post)

Thu Jul 25, 2013, 01:07 PM

Jul 2013

the city needs much more than just one answer.

Bernardo de La Paz

(49,047 posts)

6. The economic benefits of taxpayer funded stadiums are non-existent.

Reply to shenmue (Reply #4)

Thu Jul 25, 2013, 01:17 PM

Jul 2013

The payback is not there. Not many jobs are created, but the teams and owners get richer.

ctsnowman

(1,903 posts)

7. K & R

Reply to markparham (Original post)

Thu Jul 25, 2013, 01:29 PM

Jul 2013

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