Quote:
Originally Posted by Enoch Root
A $425M operating loss could be a good deal if it meant, for instance, the city had received $1B in federal money for infrastructure.
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Hey now, us pro-Olympics folks can't be thinking that way..."fed money is freeeeeee". Even full fed funding is bad idea if we get infrastructure we don't want at an inflated price. Can't be wasting dollars here just for the party.
I wasn't trying to make any point really by calling out the $425M operating loss. Just identifying the parallel to the number we like to hold nearest and dearest about '88 (a ~$100M operating profit).