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Politics : Politics for Pros- moderated
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To: LindyBill who wrote (292962)2/18/2009 1:55:05 PM
From: Geoff Altman   of 793883
 
The large and growing peer-reviewed economics literature
on the economic impacts of stadiums, arenas, sports franchises, and sport mega-
events has consistently found no substantial evidence of increased jobs, incomes,
or tax revenues for a community associated with any of these things.

While this may be true the article ignores other benefits of a sports arena....<sic> Various Caesars knew only too well how important it was to make sure the general population had access to entertainment in order to distract them from using their energies elsewhere and perhaps against the government...

Well, it worked for a few years with Caligula, let's see if Obama gets the same use of it......
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