Study: Taxpayer-Financed Basketball Arenas Don’t Spur Local Economic Growth

Study: Taxpayer-Financed Basketball Arenas Don’t Spur Local Economic Growth: States and cities across the United States have used generous taxpayer subsidies to build new sports facilities. But as ThinkProgress has noted, those deals often fail to live up to the economic promises cities make in order to get taxpayers to sign off on the funding. Instead, cities are often left in debt, even as [...]/p