2 HN users recommended this commentary2 months2016–2022score 2.5
Years with an HN recommendation, 2007–2026
Pointed to in debates over stadium subsidies as a persuasive case that cities should not pay for stadiums.
John Oliver's Last Week Tonight segment on cities spending public money on privately owned sports stadiums, including how tax-exempt municipal bonds subsidize them.
“After watching it, it's pretty clear that cities should not pay for stadiums.” (HN, 2022)
> Hey if it works for sports stadiums why can't it work to create a company town Because it doesn't work for sports stadiums. It works in the sense of corporate welfare, but it is not a net gain for the community. [link] [link] [link] [this video] It's sad watching cities fall over themselves to give Amazon (a half a trillion dollar company) a handout. Handouts no one can afford . > (but where cities take the hit if the company town fails) As a country [1], states [2], and many municipalities [3], we're very much insolvent as it relates to future obligations. Could we please stop supporting reckless behavior making it worse? [1] [link] [2] [link] [3] [link]
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