Guess what folks? The Easter Bunny is coming to the West Coast, not to star in the movies, but to bring us a great, big football stadium, at no cost to the local taxpayers. A freebie! In his column in today’s Los Angeles Times, columnist Tim Rutten brings us the dispatch that Los Angeles is about to get a new NFL stadium, and it won’t cost the taxpayers a nickel. Don’t that beat all?
We are not making this up. See Tim Rutten, An NFL Stadium for L.A., Los Angeles Times, September 26, 2009. http://www.latimes.com/news/opinion/la-oe-rutten26-2009sep26,0,5256719.column
Mr. Rutten advises that according to the new stadium’s promoters, the “football stadium project will create 12,000 construction jobs and 6,732 permanent positions in the 1.4 million square feet of office space, 1.1 million square feet of retail and a 100,000-square-foot orthopedic medicine facility that will stand alongside the football facility. [¶] All of this comes without the investment of a single public dollar.” Wow!
Of course, being the old curmudgeonly type, your faithful servant will believe it if and when he sees it. So stay tuned.
In the meantime, if you want a refresher course on how the “free lunch” worked out in other places, check out our posts at http://gideonstrumpet.info/?p=160 , http://gideonstrumpet.info/?p=212 , and http://gideonstrumpet.info/?p=223
Not to mention Dallas and Miami, which we failed to discuss.