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By A Smith (anonymous) | Posted July 07, 2010 at 23:24:54
Jason, since Copps Coliseum was built, Hamilton's downtown has not grown more prosperous, but poorer. In that same period of time, Hamilton's economy has grown more reliant on tax dollars to create jobs (health, education). If we want the downtown to be a place with a high level of private investment and value adding, private sector jobs, we need to foster a environment of risk taking and entrepreneurship. This means less public spending as a percent of GDP and more private.
I liken it to eating too much junk food. It tastes good at first, but if relied on too heavily, it will make you fat, weak and apathetic, something that describes our downtown pretty well. The best thing Hamilton could do regarding this stadium would be to send it to Burlington and pay down our debt with the savings.
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