To: Brilliant
The late owner of the Washington Redskins exposed the whole system when he privately financed and built a state of the art stadium for $180 million.
Let's compare the costs to build a stadium:
Private market funded: $180 Million
Government funded: $2.2 BILLION
For the love of God somebody save us.
Capitalism has been replaced by statism.
To: Milton Friedman
Why doesn't the federal government just ban state and local governments from spending public money on stadiums? There is no benefit to be had by one city competing against another city to decide who can build the best stadium with taxpayer's money.
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