Quote:
Originally Posted by Cleveland Steam Whistle
I've read those posts, and they are simply not a slam dunk. As I mentioned earlier, they depend on the perspective taken and how benefits are quantified. I'm not saying that those studies are any less valid than a study that would suggest an arena build is a profitable measure, all I'm saying is I guarantee you can skin that cat in many different fashions.
As for the culture comment, I enjoy the fact you picked Nickleback and KE-$-HA as your extreme examples. Neither of those artists are my favourite either, but I won't bother to argue with you over the fact that just because you don't like them doesn't mean they don't provide culture. Also, many other events, including other artists can be held at arena facilities, maybe even ones that you consider culture.
For me, anything that helps provide the people of this province with more options of things to do and see (even if it simply more One Direction and Lincon Park concerts) is good for the cultrural vibe, quality of life and appeal of this city. And that too has benefit outside of any other financial benefits an arena brings forward. And I do support other cultural areas getting some government funding as well, I just happen to know for a fact, none of those other areas will drive as much income into this city and will be enjoyed by as large a segment of this cities population as the sports events and concerts an Arena will bring, and that is a fact.
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Laugh.
Utterly baseless
The studies I posted are just the tip of the iceberg in the litany of reviews by independent economists concluding that public arena investments are a colossal waste of money.
Their methodology is spot on and the reason they have published these papers is to roundly discredit and attack the baseless methodology used by the sporting industries and related parties who publish "economic impact analysis" reports that are not worth the paper they're printed on.
Unless you're smarter than a canon of economic literature I'd stop throwing out baseless claims.