Quote:
Originally Posted by MalcolmTucker
If there is a market failure, that is the reason for government action. For government intervention. Just like phones, cable, natural gas, electricity, airports.
If you think without government action in the space a stadium will be built then there is no market failure.
I just haven't seen any evidence to support that there is a huge untapped or unseen to outsider profit being made here that can be used to cover another couple hundred million in capital cost.
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Again, our definition of need vs want is different. I suppose we will see how most other people align during the next election (as I am pretty sure this will be a big issue for this years municipal election). Utilities, critical transportation infrastructure, etc... are needs in my opinion. Entertainment venues are wants.