Meanwhile, because of a 1996 deal to erect Paul Brown Stadium, home of the Cincinnati Bengals, the Wall Street Journal reported that Ohio's Hamilton County - where one in seven people lives below the poverty line - has cut funding for social programs, partly due to huge debt payments on the new building.Nice to know everyone has their priorities straight.
In the tiny suburb I grew up in, at least when they went on a building binge it was for a library. But the massive boondoggle is now massively driving up property taxes and driving down home values--the real estate market is at a standstill, because nobody wants a property tax bill bigger than their mortgage.
Do politicians care? Apparently not. They seem to believe there is always enough money around to take more, and that taking more will bear no consequences.