Anti-arena = people who would like to do something else than build an arena. See also, Citizens for More Important Things, of which you should be a member
Interesting but that's not really anti-arena at all. It sounds like these neo-mercantilists are very "pro"-arena. Pro as in Seattle is a left-wing city and left-wingers have decided I need to make a loan to the Sonics, and I have no choice in the matter. Is this not true? Also I don't want to do anything with the taxpayer's money, except return it to the taxpayer.
Huge = high percentage of overall arena cost paid by Hansen.
Well that's not true at all, considering tax liabilities. NEXT. ;]
Seriously, your argument isn't very statistically sound at all.
Limited=public contribution to arena construction is confined to fees, taxes and surcharges of events that occur at the arena
From what I've read, the Seattle Mariners and local businesses agree that traffic congestion will cost the city millions, probably billions in the long-run. That doesn't sound like a limited liability.
As I said I'm not interested in "limited" anyway, I'm interested in zero compromise. It isn't your money at all.
Cost= money required to purchase land, build arena and maintain the arena
No, cost is an economic term which includes opportunity cost. Try to define this word again.
Significantly?= Read the Westneat column. To be blunt, you need to read up on the deal before you bash it. You're fired up about a deal that you don't understand.
Ok, now tell me what the real cost is now that I've had to drag you through the mud in these definitions. Calculate opportunity cost Mr. Central Planner.
Believe me, there's not much you've raised that's a surprise. Living where I live, it's been a constant conversation since 1993 (first baseball park, then football and now basketball) and we actually have some smart articulate people that are anti-arena here.
Yes I read a recent article, there are some smart anti-arena people. They seem to be a minority. But at the very least you need to give me academically sound definitions for basic economic concepts.
I'll give you another chance before I correct you, how do you define cost? Look at the first few chapters of
any Economics University textbook. Cost has various components.