Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Douglas Carpenter

(20,226 posts)
10. I would not be reflexively against the idea. Of course individual projects like this have to be
Fri Dec 27, 2013, 04:32 PM
Dec 2013

judged on their own merits. But if the goal is to economically revitalize the area whether its a stadium or a convention center or a major museum or a new airport or some other major project - something like this can play an absolutely essential role in revitalizing a local economy. I don't know enough about the situation in Detroit and the role a new stadium might play in economic rebirth so I can't venture an educated opinion on this particular project. But in principle major projects can make all the difference in the world in getting an economy moving.

Recommendations

0 members have recommended this reply (displayed in chronological order):

Bread and Circuses? NYC_SKP Dec 2013 #1
Because a half billion dollar stadium creates a half billion jobs. jsr Dec 2013 #2
Because the Billionaire pizza company owner wanted one. nt MrScorpio Dec 2013 #3
how any detroiter can step foot into that stadium is beyond me and anyone who does should be shamed leftyohiolib Dec 2013 #4
Those No Billionaire Left Behind policies are working like a charm. Egalitarian Thug Dec 2013 #5
Why is there over a half billion dollar stadium deal being approved in a bankrupt city? BobUp Dec 2013 #6
Are you in Minnesota? Vashta Nerada Dec 2013 #7
Not Minny BobUp Dec 2013 #11
Because it makes economic sense to do so. Crepuscular Dec 2013 #8
Check with Atlanta jehop61 Dec 2013 #12
We don't really need to look at Atlanta Crepuscular Dec 2013 #13
Because this sort of thing has been going on SheilaT Dec 2013 #9
Not to worry, Washington doesn't win enough. broiles Dec 2013 #17
I would not be reflexively against the idea. Of course individual projects like this have to be Douglas Carpenter Dec 2013 #10
The bonds are being issued by a state agency and no new Detroit tax money will be used. badtoworse Dec 2013 #14
So the whole state will be paying taxes to support the stadium then? RC Dec 2013 #15
They're revenue bonds. They'll be repaid out stadium revenues. badtoworse Dec 2013 #18
How much is the owner or the NHL paying for it? davidn3600 Dec 2013 #16
If the city can't afford to pay workers Aerows Dec 2013 #19
Latest Discussions»General Discussion»Detroit: Why is there ove...»Reply #10