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Thursday, December 16, 2004 

Baseball in DC

I hate this common misconception that this publicly funded stadium is coming from DC tax payers...Thomas Boswell sums it up best:

The Council claims to be fighting for the poor of the District when it is far more likely that it is in the process of killing a development deal, with baseball as its centerpiece, that would bring significant benefits, not costs, to those very constituents.

Council members claim they are protecting citizen tax dollars when they know that not one cent of public money is earmarked for the Anacostia waterfront project. All funds to back the bonds to build the park will come from the team's new owners (rich), the top 11 percent of local Washington businesses (prosperous) and fans who attend games (many affluent). As for the District's pot of money collected through taxes -- called "the general fund" -- not a cent would be taken out of it.

As a bonus, more than 80 percent of Nationals fans, about two million a year, would come from the suburbs and spend tens of millions of discretionary entertainment dollars in the District.


This is a good deal and people don't realize it.


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