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Originally Posted by Cappy
Opportunity cost is all around us. The money comes from us as a tax or otherwise. That money could go into anything else. It doesn't matter what level of government its going to, its coming from one source. Infrastructure, education, health, its all from the same pot - and it can only be taxed so much. Not to mention transfer payments.
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You're ignoring the fact that much of the money that would go to this project is only earmarked for large scale projects like this, or come from a specific tax that is only used to support this venture. There is no general pot where monies would be diverted to support this project over general projects that are on-going. I don't think you may need to bone up on how taxation works.
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I was mostly being overly dramatic for making the point; but go ask Greece what there problem is. Many point to the olympics as the nail in the coffin.
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Greece was screwed regardless of the Olympics. And yes, you were being dramatic. That was obvious, and it didn't help your case.
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Of course, the olympics in Athens is minuscule compared to the amount owed, but it speaks to our society as a whole and what we spend money on.
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You mean like tax breaks for the rich, allowing corporations to skip out on tax bills altogether, or even giving them massive refunds on taxes they never paid? You're right, we spend our money on some really stupid things that only benefit the few rather than the many. I guess it just depends on who should gain benefit from the money being spent? The uber rich or the general public.