Forbes lists Arthur Blank’s net worth at $1.3 billion. Taxpayers are being asked to provide $400 million toward a new stadium (to replace one barely two decades old) for Blank’s Falcons.
Glad to see Georgia’s General Assembly taking care of one of the state’s five billionaires. The rest of their constitutents can suck it.
“Economists have studied the economic impact of stadiums to death, and the clear consensus is that there is no positive impact,” said author and sports economist J.C. Bradbury of Kennesaw State University. “Economists don’t agree on a lot, but right wing, left wing, they all agree on that.”
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