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Metropolitan DC Local Politics
Reply to "Wizards and Caps could be moving to Potomac Yard"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Lots of derision in here from armchair economists. I get that’s what this place is all about, but it’s still amazing folks think their side is the only one worth considering. Folks who have watched how things work for a minute know this project is going ahead. Can’t wait to head to my first concert there in about four years. [/quote] And 15 years from now when Virginia's finances are a shambles, I guess we can all come back here and say "gee I guess the economists were wrong"[/quote] Even if this is a huge loser, a $1.6B charge won’t leave Virginia’s finances in “shambles.” And it won’t be a loser. It’s fair to be skeptical of the potential ceiling for the economic benefits, but I don’t think this thing leaves VA or ALX holding the proverbial bag. [/quote] When you total it all up, it is closer to $5billion, but okay.[/quote]
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