Quote:
Originally Posted by GGG
Can you elaborate on the tons of benefits?
My issue with the bid is that the benefits are not worth the combined provincial and city dollars being put in.
We get a field house, an upgraded oval, a community rink, the 800 units of affordable housing, a renovated McMahon, and a renovated big 4.
For 1.4 billion dollars.
Then you have the economic side which isn’t 0 but isn’t 10:1 either. And if you only count money that is spent in calgary which wouldn’t have been otherwise spent it drops significantly.
Then you need to look at multipliers and government taxation recovery which is well beyond my expertise but what I can’t find is an economist that isn’t working directly for a bid committee touting the economic benefits of the Olympics.
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Benefits have been brought up many times. But no hard numbers so very easy to 'dispute'. Infrastructure, jobs, construction boom with trickle down etc. We got a lot from 88, no reason why we would not get lots now.
But again, who cares about that tile setter that will get a life time contract. Who cares about the restaurant owners, the cab driver and on and on. It's all about my few dollars tax every month.
Not talking about you specifically, just a general theme the 'no' crowd put forward. Me, me, me.
All i suggest is for people to look at it from a different angle. We all heard from the economists and professors. They say iphones are bad too.
Let me ask you this? Under what 'reasonable' circumstances would he Olympics be a welcome event for you?
Something tells me that there is no scenario where you would be fully satisfied. Which is ok BTW. We are all different people with different opinions.