Tennessee Conservative
Mayor John Cooper Wants To Saddle Nashvillians With An Estimated $1 Billion In Taxes To Pay For A New Stadium For The Tennessee Titans, Blaming A Poorly Negotiated Contract And The Shoddy Craftsmanship Of Nissan Stadium. But Here’s The Kicker: The Mayor And City Officials Appear To Be Entertaining The Same Stadium Designer Who Helped With The Construction Of The Existing Subpar Stadium For This New Boondoggle.
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The U.S. Economy Has Shrunk For Six Consecutive Months, According To Federal Data Released Thursday, Which Led Many Economists To Declare A Recession. But The Biden Administration Is Pushing Back, Arguing The U.S. Is Not In A Recession After All.
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Tourists Who Visited The Country’s National Parks Spent Significantly More Money Last Year Compared To 2020, When The Pandemic Slowed Down Travel, According To Recently Released Federal Data.
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Sports Economists And A Tennessee Think Tank Say That A New $79.5 Million Stadium Funded Mainly Through Tax Money Is Another Example Of A Publicly Funded Sports Stadium That Will Fall Short Of Its Economic Promises.
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One Of The Best Ways To Combat Public Sports Stadium Financing Is To Allow Time For Information To Get To The Public And The Opposition To Build, Economists Said During A Roundtable On Sports Stadium Financing.
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Nashville Will Consider Spending $200,000 On A “Stadium Study” To Evaluate The Tennessee Titans’ Claim That The City Would Owe $1.839 Billion Under The Terms Of The Team’s Current Lease If Nissan Stadium In Nashville Was Renovated Instead Of Having A New Estimated $2.2 Billion Stadium Built.
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The Model For Stadium Replacement Is Trending More Toward The Taxpayer-Supported Efforts Being Pitched For The Tennessee Titans And Buffalo Bills Than It Is Strictly Team-Owner Funded Stadiums Such As The $5 Billion SoFi Stadium In Los Angeles.
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Wage Gains Have Not Kept Pace With Inflation, Which Is Rising At The Fastest Rate In Decades. In Roughly The Last Twelve Months, Energy Costs Have Risen Roughly 30% And Food Prices Have Risen Almost 10%, With The Overall Inflation Rate Much Higher Than The 5.2% Wage Gains.
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Tennessee Gov. Bill Lee Signed An Appropriations Bill That Includes $500 Million Toward A New Tennessee Titans Stadium On Wednesday.
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Tennessee Titans Chief Executive Officer Burke Nihill Estimated That Nashville Would Owe $1.839 Billion Under The Terms Of The Team’s Current Lease If Nissan Stadium In Nashville Was Renovated Instead Of Having A New Stadium Built.
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