Miami Dade County Community Forum

Tuesday, January 26, 2010

Miami Herald: Glenn Garvin against public financing of Dolphin's Stadium.

In a stinging editorial, Glenn Garvin made a case against public financing of the Dolphin's Land Shark Stadium. He said that giving public money to the stadium is welfare for rich people -- the stadium owners:

The conga line for a stadium handout starts with the Estefans, but includes their equally glamorous Dolphins co-owners.

Garvin said about the $460 million income from the Super Bowl:

Without a roof and more luxuriant seats for the pale, tender butts of corporate aristocrats, Ross says, the NFL will stop bringing the Super Bowl to South Florida. And pffft! -- just like that! -- we lose the $460 million that comes with the game.

The problem with that argument is that it's -- how do I put this politely? -- a monstrously bald-faced lie. The economic impact of big one-shot events like Super Bowls is easy to track through sales-tax receipts, and literally dozens of studies have shown that they bring in far, far less than the Dolphins and their local-government toadies are claiming.

(Of course, the Dolphins have a study from a lobbyist company to back up their estimate. Funny how they won't let anybody see it.)

Garvin quotes economist, Philip Porter, from the University of South Florida: ``When we subsidize stadiums, we're giving money to the wealthiest class of people among us.''

No comments:

Post a Comment