Friday, November 23, 2007

The song remains the same

The Sports Economist points yet again to the failure of taxpayer-financed stadiums to spur economic development, despite the promises of local officials and team owners:

The crazy thing about the AT&T Center is that the Spurs are claiming it is obsolete just five years after a significant renovation, and are demanding a new, publicly financed arena to replace it. (link)

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