Quote:
Originally Posted by Tinordi
It's not about comparing the most good between options. It's about getting good for public money. The alternative to building an art gallery for example is not building it. The alternative for the public to not fund a sports arena is for the private sector to fund it because there's an actual business there.
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Right, I agree with that line of thinking. I do think that there's role for government to play in the building of these projects, but it should be a diminished one. Some funding, some taxation policies etc., in order to facilitate the construction can be a good thing when you consider the spin off benefits. It's the full scale funding, or massive tax breaks, that result in increased profits to a private entity that shouldn't exist. There's room for public/private partnership, but the terms need to be that of an actual partnership, not a fleecing.