20+ yr resident of Atlanta district 6. Occasional commentator on local political follies. Financially numerate, so inevitably concerned for Atlanta's fiscal fate. Wish Martin Luther…
Entertaining but very silly and shallow play, fast-paced and very well-acted. So go for the acting and direction. Veronika Duerr couldn't be playing a role much further removed from the gracious Viola in the Shakespeare Tavern's recent Twelfth Night, which just shows her comic range. Let's hope Atlanta sees more of the other young actors, too, who are all a joy to watch.
If anywhere in the city should be walkable, the middle of downtown is it. A huge parking lot makes everything further away for pedestrians. Well, the developer is a S Carolina strip mall dude. What did we expect?
What does Mike Dobbins say? Seriously, rather than amateurs making it up and pols offering something for everyone with zero intention of delivering anything to anyone, let's hear from the independent expert at Tech.
Held out some brief hope for you Truth, but you lost the plot. The other stuff at the Dome would have continued even if the Falcons had flown the coop (which would have been tough: LA does not offer subsidies). You can't claim our $700m bought us anything beyond maybe saving the 8 games / yr plus one SB, none of which is worth a rounding error.
And don't worry about teaching me or Krugman NPV. Hotel tax has risen historically at roughly the same rate as the discount rate. Blank and I have you covered. It's $700mm - or more.
The Beltline probably keeps tourists an extra half day and brings them back - first vaguely interesting thing this city's had since GWTW! But the hell with tourists: what about us? The trails are accessible, free of charge, to everyone. All and sundry are out promenading, strolling, jogging, skateboarding. The price tag is outrageous, but at least the folks whose tax money has been diverted to the Beltine are getting a recreational resource in return.
Bottom line, the Falcons leaving was not worth $700mm. 8 games a year and one Super Bowl don't begin to pay that off. A city that won't get the Beltline built even by pushing sales tax to 9c. should be careful how it spends money.
I sincerely appreciate the engagement, Truth. But lots of errors. Two big ones:
1. We already have a Dome. Didn't need to throw $700mm away to get the Dome tourism results that you outline.
2. That's why the spin about the Super Bowl, which the NFL dangles as bait for new stadiums. But you can't get a one-weekend Super Bowl impact from a full year of hotel nights.
So, no, the $40mm impact of Super Bowl is not plausible. (And would still be a massively negative return on the $700mm the public is investing.)
Build impact up from Super Bowl attendance, what share comes from out of town and stays in city hotels, and what extra labor hotels and bars take on for the extra customers. The incremental hours and wages impact is pitifully small. Hotel profits and Blank's take will be nice, but they don't do a thing for the local taxpayer or working resident.
Mister ATL, I defer to your expertise. How much extra stripper income would you estimate the event will bring in than on a normal weekend that time of year? Please show your assumptions. Feel free to extend your calculations to the illegal economy - drugs and paid sex - which might possibly exceed the meager impact on the legal segment.
"Truth" - not. Blank himself gave the $700mm figure on the day the Super Bowl was announced. And only "Truth" would have difficulty multiplying 30 years by about $23mm which is the current annual hotel tax going to Blank.
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