All true (and sickening costs, IMHO). BUT... How much income tax does the city and state get from the multi millionaires who "work" there? And that includes the visiting teams, Ohio tax law requires payment of income tax on the visiting team. How much tax is generated from the stadium workers? What about the property taxes from the big homes of the big salary players and coaches, and all the economic activity they generate otherwise? Transportation, food service, TV and radio networks jobs and taxes? Not to mention the economic activity the construction of the stadium itself generated in labor, goods and services just for that... the billion $ went somewhere. What's the value of the athlete's contribution to the charitable functions around the area? Imagine pulling all that out of Cincinnati or other small market around the country. I think their economy would be devastated.
My point is that any discussion of the economics of sports has to include ALL the economic activity and not just cherry picking the stadium cost.
I do agree the direct costs and the social costs are obscene, but have to be balanced by the good it can do for the kids who might not get as much out of school otherwise. If you want to talk obscene, how about the Federal Title IX and the cost burden it puts on schools in the name of "equality". That's some sickening stuff all it's own.
We sell tractor parts! We have the parts you need to repair your tractor - the right parts. Our low prices and years of research make us your best choice when you need parts. Shop Online Today. [ About Us ]
Today's Featured Article - 12-Volt Conversions for 4-Cylinder Ford 2000 & 4000 Tractors - by Tommy Duvall. After two summers of having to park my old 1964 model 4000 gas 4 cyl. on a hill just in case the 6 volt system, for whatever reason, would not crank her, I decided to try the 12 volt conversion. After some research of convert or not, I decided to go ahead, the main reason being that this tractor was a working tractor, not a show tractor (yet). I did keep everything I replaced for the day I do want to restore her to showroom condition.
... [Read Article]
Latest Ad:
1964 I-H 140 tractor with cultivators and sidedresser. Starts and runs good. Asking 2650. CALL RON AT 502-319-1952
[More Ads]
All Rights Reserved. Reproduction of any part of this website, including design and content, without written permission is strictly prohibited. Trade Marks and Trade Names contained and used in this Website are those of others, and are used in this Website in a descriptive sense to refer to the products of others. Use of this Web site constitutes acceptance of our User Agreement and Privacy Policy
TRADEMARK DISCLAIMER: Tradenames and Trademarks referred to within Yesterday's Tractor Co. products and within the Yesterday's Tractor Co. websites are the property of their respective trademark holders. None of these trademark holders are affiliated with Yesterday's Tractor Co., our products, or our website nor are we sponsored by them. John Deere and its logos are the registered trademarks of the John Deere Corporation. Agco, Agco Allis, White, Massey Ferguson and their logos are the registered trademarks of AGCO Corporation. Case, Case-IH, Farmall, International Harvester, New Holland and their logos are registered trademarks of CNH Global N.V.
