Quote:
Originally Posted by Enoch Root
Actually, when the economy cools is exactly when you should look at large infrastructure buildouts.
!) the cost of labour and resources is lower, and
2) the job boost is valuable to the economy (as opposed to doing it during a boom when it is inflationary)
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Surely you understand the difference between building infrastructure and getting handouts from taxpayers.
I agree that the owners building the arena with their own money is more economic when labour is cheap. But asking for taxpayer money will be even more unpopular with mass layoffs and a huge hit in real estate prices.