John Oliver Discusses How Ridiculous Stadiums Have Become
One youtuber sums it up great in this comment:
“Cities spend massive amounts of public money on privately-owned stadiums. Cities issue tax-exempt municipal bonds that — wait, don’t fall asleep!” http://www.samproof.tv/2015/07/13/john-oliver-discusses-how-ridiculous-stadiums-have-become/https://i2.wp.com/www.samproof.tv/wp-content/uploads/2015/07/john-oliver-discusses-how-ridiculous-stadiums-have-become.jpg?fit=480%2C360https://i2.wp.com/www.samproof.tv/wp-content/uploads/2015/07/john-oliver-discusses-how-ridiculous-stadiums-have-become.jpg?fit=150%2C113Entertainmentcomedy,Economics,education,funny,John Oliver,Silly,Stadium,television,TV,videoJohn Oliver covers the ridiculousness of sports stadiums on Last Week Tonight as many people don’t realize that stadiums often get huge tax breaks and investments from public funds. One youtuber sums it up great in this comment: Captain Canuck The problem, as clearly stated in the video, is that none of the events held at...SamProofSamProof email@example.comAdministratorGoogle+ | twitter Sam Proof is an Actor, Writer and Filmmaker.Sam Proof
The problem, as clearly stated in the video, is that none of the events held at the stadium bring revenue back to the city/ tax payers who funded its construction. Further, the overall economic impact of the stadium is not favourable. There are better places for money to be spent, having a stadium is not more important than providing education.