Isabella Of Spain: The Last Crusader (1451-1504)William Thomas. Many studies have shown that for any dollar of civic investment, building roads, bridges, mass transit, and other infrastructure has far more multiplier effect than building NFL fields.The notion, offered elsewhere as certainty, that the NFL will pay for a palace in Los Angeles still doesn’t get past the nostrils. The World Market for Gas Meters: A 2009 Global Trade PerspectiveIcon Group International. This “magic multiplier” fails the giggle test. The other would use bookkeeping hocus-pocus to appear to be privately funded: Taxpayers would be on the hook to repay capital costs to the stadium developer down the road.ĭocuments supporting the Inglewood plan claim that a $1.9 billion NFL stadium, mostly funded by taxpayers, would cause $3.8 billion in local economic expansion. Scale up the production to get even more supplies to expand your sale capabilities and get rich. One would be funded by $1.4 billion in public borrowing, with the NFL throwing in a mere $200 million. Repair your dock and cast your lure to fish in the lake. Here, following, Easterbrook lays out the League’s plans for our neighbors to the north.Īt this writing, competing projects in the near-Los Angeles cities of Carson and Inglewood were angling to land relocating NFL teams. Here in the southwest corner of the NFL empire, meantime, the latest version of the stadium game plays out. See how the public subsidizes 90 percent of massive NFL costs for stadia, while regaining only a sliver of the cake.
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