Quote:
Originally Posted by grumpy old man
Here is the part you'll hate: I just don't think it is practical nor cost-credible for Saskatchewan.
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"Not cost-credible" - I applaud this phrase as it succintly sums up the situation.
The luxury stadium is not cost-credible given the population, the tax base, the challenges we face, and the fact we have numerous other facilities in place that more than adequately fulfill the 'multi use' claim of what is essentially a roughrider domed stadium.
The problem I think is that the stadium fanatics aren't as financially astute as the people who are questioning it. We have people chucking out claims like corporations will pay hundreds of millions for box seats, and yet these people have no clue what hundreds of millions of dollars actually represents in the real world.
The stadium fanatics speak in terms of dreaming big and thinking big, but nowhere is there a reality to back up the dream. It's like dreaming of being an NBA star, but not being willing to show up for practice or get in shape. It's OK to dream big, but you have to back it up with something of substance.
It's as if people don't realize money, time, and resources are finite. Every 300 or 400 million you dump into a rider dome, that's 300 or 400 million LESS that you no longer have for things like a children's hospital, education, or creating a sustainable industry of some kind. It's fun money, blown on a luxury.
We all see what I call "idiotic accounting" all the time. A friend recently showed me his fancy quad and said he got it for free. I couldn't believe this expensive quad was really free, but he explained he used his multi-thousand dollar tax refund to buy it. So in his mind, it was free. Sure his credit cards are run up and he's got a huge mortgage, but somehow, he sees this as a free quad. It's sad, but some people prefer to buy their toys and fool themselves that it doesn't cost them anything.
When our leaders sneak $350 million out of whatever slushy accounting source they'll come up with, be it casino or crown corp, I fear that the public - including many of the more vocal and negative voices on this board - won't realize that is money taken from the public at the expense of other opportunities.