ECO360 Online Forum Discussion.docx - Do you think it is...

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Do you think it is possible for sports stadiums to lead to economic growth in the future? Do you believe sports stadiums should be subsidized with taxpayer dollars? 100-250 words After reading the article, I think that sport stadiums can lead to economic growth in the future in the local because of the ripple effect of having a stadium in the area. In the beginning, the only jobs being created are the construction companies working on it but after that the stadium is built, it would create jobs within the actual stadium like food vendors and ticket vendors. A new stadium could influence new restaurants, bars, residency, and office space since this area will increase in value due to the revenue. As stated in the article, economists call this the multiplier effect, whereby one dollar of spending creates more than one dollar in economic activity. I believe that that sport stadiums shouldn’t be subsidized completely with tax payer dollars since
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  • Fall '17
  • Sadowski

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