Episode 112: A Con Job—Using Taxpayer Dough To Build A Stadium; A Progressive Economic Roadmap
Episode 112: I’ve loved baseball since I was a kid. But, at the same time, I don’t believe we, the people, the taxpayers, should spend a single dime to help build baseball stadiums, or any sports arena, for the rich people or corporations who own teams. Don’t believe the hype—these projects never pay back the subsidies doled out, and, in fact, the track record has been disastrous for many cities, saddling taxpayers with a pile of debt. Just a few weeks ago, the people of Portland got their first look at the design and plan for building a baseball stadium—and a con job that may be under way. I have a long chat on the topic with the national leading expert on sports stadium economics, Roger Noll, professor emeritus at Stanford University. I am, then, joined by Heidi Shierholz, senior economist and director of policy at the Economic Policy Institute, to talk about the organization’s roadmap for a progressive economic agenda. Our Robber Baron is the CEO of General Motors Mary Barra.
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