Taxpayer Funded stadiums

I read this article and had to say something. The two people mentioned in the article, who are testifying to congress, are a resident of Detroit who fought for 10 years against the building of Comerica Park and a woman from the South Bronx complaining about the apartment buildings near parking garagaes for the stadium. And the headline is Taxpayers Last to Benefit from Stadiums. These people are free to testify before congress, whether they are objective or not, congress is free to listen to anyone they want, but wouldn't it make a lot more sense to bring some economists into the discussion? That seems to make a lot more sense to me, but I have a business education background, so I might be biased towards research.

Their quoted testimony is pretty interesting too.

• 'We have terrible budget deficits as a result of having professional sports,' said Frank Rashid, a Detroit resident who waged an unsuccessful 10-year campaign to stop construction of a new Detroit Tigers Stadium at Comerica (NYSE:CMA PRZ) (NYSE:CMA) Park.
  
  At a House subcommittee hearing on domestic policy, Rashid said promises of economic development and new jobs didn't materialize from the stadium built with public and private money in 2006
  
  He maintained that 30 schools are being closed, residents can't get quick responses when they dial 911 for emergency help, and there are fewer police and fire fighters on the streets.

I can't speak for the Bronx statements, but I will be the reaction would be similar. WHAT THE CITY OF DETROIT PAID FOR COMERICA PARK AND FORD FIELD ARE NOT THE REASON FOR BUDGET DEFICITS AND MISMANAGEMENT OF THE CITY. I feel extremely comfortable with that statement. I would hazard a guess that is the lack of neighborhoods, terrible business climate, horrible city government, lack of care in the city, the antagonism from the city towards the suburbs, etc. You can't say the 2005 All Star game at Comerica Park and the 2006 Super Bowl at Ford Field didn't help the image and finances of this city. These parks are part of the reason people are opening new restaurants and bars and clubs downtown and why some people are actually moving back into the city.

I am not sure if the return on taxpayer money has been sufficient or if the money should have been used somewhere else instead, but I know Detroit is a better place to be now than 7 or 8 years ago in my opinion.

Lastly, just bad reporting in the article, it's not a Detroit Tigers Stadium at Comerica Park, its Comerica Park, home of the Detroit Tigers. Detroit Tigers Stadium is the crumbling hulk further out on Michigan Ave.

Bye