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Syracuse Athletics
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David Rubin critical of stadium building as a form economic development
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[QUOTE="Millhouse, post: 934146, member: 78"] your example assumes that it costs nothing to put on those events. i said net benefits for a reason. so yes, if you assume this project is risk free, and you assume that it costs nothing to host events, and you assume those people average spending $40 in the area, and you assume that expenditure doesn't reduce their spending elswhere in town, then yes this project could break even. since you're not the best reader i'll break my own rule about letting people in on sarcasm even with all those ridiculous assumptions (risk free rate, 100% margins, no substitution), I'm still not buying that you're getting that much and even with those stupid assumptions , there's no benefit for anyone outside syracuse to pay in to this stupidity some things deserve to get dismissed out of hand [/QUOTE]
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David Rubin critical of stadium building as a form economic development
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