Dec 13
2021
Little economic benefit from new stadium
A new stadium for the Buffalo Bills would boost the Western New York economy as much as a new Target store. Which is to say, very little. While some supporting construction of a new stadium maintain it would be an economic boon, research by economists across the political spectrum has found stadiums generate limited new spending. Rather, they simply redirect how leisure dollars are spent. “All you are doing is moving time and money around. People are going to the game instead of the movies,” said Greg LeRoy, executive director of Good Jobs First, a national subsidy watchdog group. Nor[...]