Economic impact of new stadium.
An economic impact analysis of the proposed Metrodome Next project was conducted by Conventions,
Sports & Leisure International for the Metropolitan Sports Facilities Commission. As part of the study,
the economic impact to the State of Minnesota as a result of construction of the proposed facility was
examined.
The economic impact during construction will be 13,400 new jobs, wages $577 million, consruction related expenditures $734 million, economic output $1.35 billion and local and state tax revenue $33.1million.
The economic impact after construction will be 3,400new jobs full time and partime, annual personal income from jobs $106 million, annual direct spending by fans, visiting teams and spending associated with non-viking events $145 million, annual economic output $274 million and local and state tax revenue $32 million.
Of the 3,400 new jobs the average annual income will be $31,176 or $15.59 per hour, not as has been said, $4.00 per hour at McDonalds.
Tuesday, March 22, 2011
USE OF THE METROPOLITAN STADIUM
Use of the metropolitan stadium since 1982
About 73 million people have visited the Metrodome since it opened in 1982, making it the country's most versatile, heavily used stadium. It also is the only public stadium in the country that does not rely on a continuous tax subsidy and beside that the construction bonds were paid off 14 years before their due date. The total $68 million cost of construction of the Metrodome came in $2 million under budget.
The Metrodome is the only stadium in the world to have hosted all of the following: the NFL Super Bowl (1992), Major League Baseball's All-Star Game (1985), two World Series (1987, 1991), and the Final Four of the NCAA Division I Men's Basketball Championship (1992, 2001).
* Out of more than 300 event days per year at the Metrodome, less than 100 feature professional or major college sports. The rest of the event days are used by high schools and colleges, concerts, community activities and other events.
About 73 million people have visited the Metrodome since it opened in 1982, making it the country's most versatile, heavily used stadium. It also is the only public stadium in the country that does not rely on a continuous tax subsidy and beside that the construction bonds were paid off 14 years before their due date. The total $68 million cost of construction of the Metrodome came in $2 million under budget.
The Metrodome is the only stadium in the world to have hosted all of the following: the NFL Super Bowl (1992), Major League Baseball's All-Star Game (1985), two World Series (1987, 1991), and the Final Four of the NCAA Division I Men's Basketball Championship (1992, 2001).
* Out of more than 300 event days per year at the Metrodome, less than 100 feature professional or major college sports. The rest of the event days are used by high schools and colleges, concerts, community activities and other events.
PROHIBITION OF ALCOHOL
One of the consequences of the National Prohibition Act was the development of gangsterism and crime. Enforcement of prohibition was a difficult task and a growth in illegal drinking places took place. People called moonshiners distilled alcohol illegally. Bootleggers sold the alcohol and also imported it from abroad. The increase in criminal behaviour caused public opinion to turn against prohibition. In 1933 prohibition was repealed by the adoption of the 21st Amendment.
Thursday, March 10, 2011
FOR PERSONAL RESPONSIBILITY
Personal Responsibility in Food Consumption Act of 2005 H.R. 554
Passed Yeas. Rep. 226 Dem. 89
Noes. Rep. 0 Dem. 114
Bill to prevent lawsuits against McDonalds and others by obese people who need someone to blame and also to support a trial lawyer who collects most of the proceeds. Such bills relating to tort reform are generally supported by Republicans and rejected by Democrats, almost by party line. The simple reason for this is that the Trial Lawyers Association of America donate 95% of their PAC money to the Democratic Party. You don't bite the hand that feeds you.
Passed Yeas. Rep. 226 Dem. 89
Noes. Rep. 0 Dem. 114
Bill to prevent lawsuits against McDonalds and others by obese people who need someone to blame and also to support a trial lawyer who collects most of the proceeds. Such bills relating to tort reform are generally supported by Republicans and rejected by Democrats, almost by party line. The simple reason for this is that the Trial Lawyers Association of America donate 95% of their PAC money to the Democratic Party. You don't bite the hand that feeds you.
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