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[QUOTE="cuseinchina, post: 933945, member: 3079"]
It may well be that a stadium in Syracuse is a bad investment of the state taxpayer money and the private equity contribution as well.  I don't have the detailed numbers to make that judgment.  But I think that the tact that Rubin and Millhouse both take is to just write off with a broad stroke stadium investment as a bad use of funding because there are some obvious examples of failure and because in the case of Rubin he'd rather see the money go to cultural institutions and with Millhouse he'd rather see the money go back into his tax refund check (good luck with that).    The research I have read shows stadiums that have successfully driven associated economic development have been those that have been located downtown in areas where other investment is already ongoing, and where other similar entertainment options are limited.    Syracuse passes that general test.   Beyond that I have no idea whether its a good use of funds.  Presumably the private money going in thinks the stadium will work.  As for the state money, it will just go someplace else it won't go back into anyone's bank account.  I don't think stadiums are the best use of taxpayer money in terms of long term development goals -but sometimes you take what you can get.  It would be nice to know the math before rejecting it out of hand.  That was the crux of my argument.   But then Millhouse decided ppp/bot investment was communist and that requires a response because it's just idiotic.
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