Quote:
Originally Posted by nik-
Emotional? Maybe. Financial? It's never been able to be shown. In report after report, study after study. You'd think after how many municipalities have gone through this same thing, someone would have found it by now.
Having a new arena doesn't generate disposable income, it just moves it. This is a taxpayer funded asset value increase for billionaires. The cool factor of having a new arena will be gone in a year. The money will be gone forever.
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I disagree with this in a local sense.
I am going to spend my Flames and concert money on the Flames and concerts. If they were not here, I am not spending that same money elsewhere in the city on other events. I know that. I spend it on larger items out of province, or I just don't spend it.
So, without a new arena and Flames or concerts being here, my disposable income is simply not being spent here. I doubt I am the only one.