| From inner MoCo, I drove tonight to the Caps game with our 2 children. We left a few minutes after 6 pm, were in our seats to see the first puck drop, watched the Caps win (hack trick for Oshie), and drove back home arriving before 1030 pm. I will not do this if the Caps move to Potomac Yards. The drive there would be another 45 at best, and the return drive probably another 30 at best. The travel will be no different for those living in Fairfax etc. |
Call Ted and let him know that you will be personally impacted by this change. |
another 45....each way. The location is horrible for anyone who isn't in the immediate vicinity- Del Ray, Alexandria and Potomac Yards. For anyone else, it is easily 30-60 minutes more each way. |
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They know that none of their Wizard plan holders will move with the team and they also know they will lose a lot of DC and MD plan holders for the Caps.
There are not going to be enough playing fans who live close enough to the arena to cover the bond payments, and once Ovechkin retires, which surely will be before the new arena is ready, the Caps attendance base will likely revert to pre Ovi-levels, which was marginally better than what the Wizards draw currently. Ted will still make his money because of the way the salary caps and TV contracts work, but with weak attendance, the bond nut won't be covered, which means it will fall to Virginia and Alexandria taxpayers to cover. |
Excellent online economic analysis. Can't believe anyone paid actual economists to study this project. |
Really? Because it's riddled with a host of biased and unfounded assumptions. |
Have you read the actual reports? They make a lot of assumptions that will be very difficult to achieve without significant subsidies from Virginia taxpayers. |
Well, yeah, economics is a liberal arts degree after all. |
That...doesn't answer the question. So I assume it is "No, I haven't read the reports or done my own analysis" |
I don't read economic reports as the whole field is hand waving and puffery - economists know what would make a project viable and find whatever proprietary model will find numbers to get to project approval. Social Security actually hires economists to deny benefits by claiming there are hundreds of thousands of cooper jobs available for people to work. |
In this case, the economists are being paid by the team and the politicians, who do not bare the risk financially that the taxpayers do. People need to understand that. |
Sounds like real thinking is too hard for you, so you summarily dismiss an entire field of study by calling it "hand waving and puffery." |
While this is an anecdote, I suspect there are enough to turn the premise into data if people were asked the question. Folks in the dc area do not take public transportation and no one wants to come across the river now for anything. I don’t see enough business for this project if it’s located in Alexandria. The Virginia taxpayers, especially Alexandria ones, are going to get screwed. Not only to support the development, but also the renew bills will go through the roof from the flooding, etc. |
And the idea that the super wealthy in NoVa, whether in Reston, Great Falls, etc, will take public to Alexandria is nil. For them, the drive to Capital One is, in fact, easier. |