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The Reality :

What you will hear : “ The stadium will be an economic benefit to Fremont.” Source : Folks who have an economic interest in the stadium. The Reality : “..there is no . . . . . correlation between sports facility construction and economic development ."

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The Reality :

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  1. What you will hear :“The stadium will be an economic benefit to Fremont.”Source : Folks who have an economic interest in the stadium. The Reality : “..there is no . . . . . correlation between sports facility construction and economic development." Source: Thaddeus Herrick, The Wall Street Journal 21 June 2006

  2. What you will hear :“Local newspapers will provide unbiased evaluation of a stadium proposals.”Source : What you and I were taught in school The Reality : “..the mainstream media in most of these cities is noticeablybiased toward supporting publically financed stadiums." Rick Eckstein, Journal of Sport and Social Issues

  3. What you will hear :“Economic studies produced for the city or on behalf of the developer will accurately forecast the future impact of a stadium.”Source : Various stadium proponents The Reality : “.. such promotional studies project future impact and almost inevitably adopt unrealistic assumptions regarding local value added . . . ." John Siegfried and Andrew Zimbalist, Journal of Economic Perspectives

  4. What you will hear :“Building the stadium will create construction job opportunities for Fremont residents.”Source : Fremont City Council The Reality : “…levels of employment in the construction industry were neither higher nor lower during the construction of these stadia…construction on these projects merely substituted for other construction projects” Phillip A. Miller, University of Missouri

  5. What you will hear :“The stadium will create other kinds of jobs for Fremont residents.”Source : Fremont City Council The Reality : “We also found that, in many local economies, wages AND EMPLOYMENT in the retail and services sectors have DROPPED because of professional sports…” Source : Dennis Coates, The Journal of the American Enterprise Institute

  6. What you will hear :“Fremont businesses support a Stadium.” The Reality : “Fremont businesses have expressed opposition to a stadium. Businesses who have expressed concern about a stadium include Kohl’s, NUMMI, and Costco.”

  7. What you will hear :“A stadium brings incremental revenue to our city.” The Reality : “Pro sports strikes have zero impact on host cities . . . . Those who would have gone to a game are taking their dates to dinner or the movies . . . . instead.” Source : Cait Murphy, Frank Rose CNN/Fortune Magazine

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