Quote:
Originally Posted by You Need a Thneed
Studies have shown that the benefits you describe a re virtually zero. You have to remember that you can't compare building an arena to not building anything, you have to compare building an arena to building something else.
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Studies on anything like this will always have a certain angle on how they quantify benefits. I don't dissagree with you on the thoughts of Opportunity cost..........same could be said for anything that gets built. If you applied Opportunity Costs to everything the city or province does, I guarantee we'd never get another bridge built, never get any new green space or parks, maybe even never see another hospital built.
While I don't dissagree in principal, not much would happen around the world if that angle was taken to every project the province or city wanted to undertake. And you can always argue that every single dollar the province collects should go to the lowest common denominator, such as health care, or solving the homeless problem etc........ but as utopian as that might be, it's also not realistic.