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Bipartisan Consensus Detroit s New Pu
9/7/2014

Bipartisan Consensus: Detroit’s New, Publicly Financed Hockey Arena is a Terrible Idea - The ITT List

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And then there was blogging:
The ITT List offers all the news that isn't fit to print, from In
These Times's staff, writers and friends. TUESDAY, AUG 13, 2013, 10:49 AM

Bipartisan Consensus:
Detroit’s New, Publicly
Financed Hockey Arena is a Terrible Idea
BY PETE REDINGTON
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9/7/2014

Bipartisan Consensus: Detroit’s New, Publicly Financed Hockey Arena is a Terrible Idea - The ITT List

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Detroit's Comerica Park cost $300 million—65 percent of which was paid for by tax revenue. (Kevin Ward / Flickr / Creative Commons)

As eulogists across the country speculate on how much money bankrupt Detroit can make by selling off everything from Diego
Rivera’s famous mural of a socialist utopian auto industry to the original Howdy Doody doll, it appears that at least one part of the
Motor City won’t end up on the auction block: its hockey arena. In fact, it looks like “Hockeytown's” Red Wings—that is to say, billionaire owner Mike Ilitch, of Caesar’s Pizza fame—will be the recipient of a brand new, $450 million sports arena, nearly half of which will be paid for publicly with tax dollars.

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Tax dollars for a sports stadium? In bankrupt Detroit? That is some impressive fuzzy math indeed. Because if there’s one thing that both progressives and free market conservatives have
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