Political Bites: Cubs Spring Training Subsidy

What do you think of Mesa’s decision to fund the Chicago Cubs’ spring training facilities?

Apparently Mesa failed to do it’s homework.  Lake Forest College studied 30 cities over 30 years and found that 27 experienced no significant impact from new stadiums while three cities experienced a negative economic impact.  Does a company that made an estimated $58 million in PROFITS in 2008 and sold for $845 million in 2009 really need a subsidy?  Maybe Mesa should be investing in local entrepreneurs instead?


Derek