Published 2 months ago

For St. Pete, the Rays-Hines deal is just more failed ‘trickle-down’ economics

Summary by Ground News

St. Petersburg is considering giving a massive chunk of public wealth to build a baseball stadium. Richie Floyd: There is no evidence that the benefits residents will receive from this project will come anywhere near the wealth given away to those at the top. Floyd: Instead of funneling money to the private sector, we could focus on building public wealth.

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Tampa Bay Times

For St. Pete, the Rays-Hines deal is just more failed ‘trickle-down’ economics

What makes a vibrant city — one worthy of private sector investment — is not the amount of tax dollars it can give away, but the quality of life for residents from top to bottom, writes the St. Petersburg City Council member.

2 months ago·Tampa, United States

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