Quote:
Originally Posted by marsplasticeraser
The fed money will be spent whether we take it or not. To base your argument that this money will be saved is erroneous. It will just be reallocated, most likely to a sporting event out east.
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This ignores the issue of opportunity cost. Money spent by a national government could be used on other stuff which could benefit both Canada and Calgary more than another winter Olympics. Calgary could do something else with that money.
I have no opinion either way on another Calgarian Olympics. (I don't even live in Canada at the moment.) But to me it is sad that neither side is looking at the long term interest of the Calgary and of Alberta and is instead seeing it as either a get rich quick scheme to grab federal money or a loss of their own tax money they would rather spend on vacations. Neither side seems to be talking much about stuff like the arts and recreational opportunities of Calgary: what will be gained by the games improvements or what will have to be cut to pay for them.