Hold your horses.. he said he will "look" into it.. I am sure CUPE members won't like it a bit. I am not a fan of BC Place, but mostly because it is so inefficiently run (unions).
Honestly debt is one of the tools, like guns, it really depends on how it is used and context. The key is you have to time debt correctly (look at China).. You can never expect a well running gov with healthcare (Canadian style anyways) to be without debt. Ideally you increase debt when time gets really bad (case in point.. Europe is doing their austerity (try to cut debt) at exactly the wrong time.. based on bad calculations of
Reinhart and Rogoff.
Much like idle no more / first nations, DTES problem.. the basic problem is fixing all the fundamental issues we see every day eg substance abuse, first nations etc.. take much longer than 1 more 2 terms, it will take 1 or 2 generations at least.. way too long for the ADHD age or ADHD politicians.
Quote:
Originally Posted by 4444
Why do we need a government funded stadium? I just don't think it should be in their mandate. Yes they'll never recover the roof cost, but then again bc ferries will never get back the fast ferries money - both sunk costs...
Doesn't bc place lose money every year? Ideally it shouldn't, but that roof has become expensive to upkeep... We should cut our losses - if developers want to develop on it, so be it, the rest of downtown is becoming all residential, it wouldn't be out of place
On day politicians will realize we need businesses downtown, not hipsters living in apartments, but I'm no politician...
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