Monday, July 21, 2008
Michael reports this morning that the Franken campaign has gone so far as to release an ad deriding Coleman's support of building the Xcel Energy Center.
I find the Franken campaign's choice odd. The reason these stadia keep getting public dollars is because the public believes somehow -- mistakenly, in the view of economists, but this is hardly the first time the public has chosen to ignore the economists -- that they are of benefit to a city and would be underprovided by private financing alone. Pointing out that Norm took from Peter to give to Paul is hardly a way to gain Paul's support in voting against Norm. There may be, there might be, a few Peters who are persuaded by the ad, but if that were true these stadium deals would not keep gaining passage. And support for hockey is enough in this state that even outstate arenas like St. Cloud and Bemidji draw public funding.
I wish there was a spokesman for the economists' view of public financing of sports stadia, but I don't think Al Franken is the right guy for that job either.