The world we live in

[thenorthremembers]

NYS is a disaster in overspending and the Bills stadium is the least of it.

 

Tell me why I see people buying enough Subway subs to feed an army on their EBT cards while I am waiting in line to pay 4.50 a gallon for gas?

 

Tell me why my kid gets lead poisoning from the paint in my house but I cant get a subsidy because I make too much pre tax even though I pay over a 1000 dollar a month in student loans to get the job that pays me too much.

 

Tell me why I watched people getting 500 dollars a week to not work during the pandemic?  

 

Tell me why politicians in our area have no issue giving themselves a pay raise out of our pockets but cry to the media when its about a stadium?

 

People who dont make much have plenty of options for help.   I pay astronomical school taxes when my kids dont go to public school.  The tweet is a hack job.   I am going to go ahead and enjoy paying for the stadium.  If Dan Price cares so much about the funding of programs he likely knows nothing about he can choose to take money out of his own pocket to donate.  Screw him and his hyperbole.

[DrDawkinstein]

23 minutes ago, HereComesTheReignAgain said:

How much do you pay your employees?

 

As much as possible and have always fought to do so. During my first start up we even had built-in escalators to make sure our employees were getting a big chunk of profits, and plenty of ways for them to earn bonuses based on tickets closed, billable time, etc.

 

One of the biggest professional arguments I was ever in was with the President/CFO of the company (different than the start up) over the amount of salary we were offering and why we couldnt find good talent at that rate.

 

How much do you pay your employees, @HereComesTheReignAgain? Do you agree with paying people as little as possible and hoarding the wealth for yourself?

 

 

 

Edited March 30, 2022 by DrDawkinstein

[HamSandwhich]

1 hour ago, HereComesTheReignAgain said:

They could probably recoup that $800 mil shortfall by discontinuing the discriminatory child tax credit.  Why is NY paying people to have more kids?  If you really want to help the environment, unemployment, overpopulation, etc, start paying people to have less kids instead of the opposite.

Wow

[T master]

He forgets to mention how much the new Yankee, & Shea Stadiums cost NY along with the Brooklyn BB teams new home that all while the Bills have been out of sight out of mind just been making due plus i'm sure that the 2 teams in NJ had to get some kind of cash for their new stadium from NY . 

 

But i'm just glad the Bills are home to stay for a long long time !! GO BILLS ...

[blitzboy54]

1 hour ago, 2003Contenders said:

Yes, and he also overlooks the number of jobs and boom to the local economy that will be created by the building of the new stadium. So the tax payer funds can rightfully be viewed as a genuine investment.

 

This has been disproven so many times my head hurts. At the end of the day no Billionaire owner should get public money unless the public shares the profits. The state should get 100% of the revenue from this until the $800m is paid back. 

35 minutes ago, KDIGGZ said:

The answer is $0. Socialists want free money for their programs but they don't understand that the money has to come from somewhere. Maybe like from a millions in taxable income from an NFL franchise? Hmm 🤔

 

Socialism is public money being used for a billionaires stadium champ. It's literally socialism 

 

 

 

[Alphadawg7]

1 hour ago, What a Tuel said:

I posted about this in the stadium thread just last night and it is a false and misleading argument. 

 

Hochul's proposed NYS budget cuts Children and Family Services funding by $800M (msn.com)

 

"CNY Central has reached out directly to Governor Hochul's office for more context and perspective, as well as the Office of Children and Family Services. A spokesperson for OCFS tells CNY Central the proposed budget does not show a reduction in funding to local child protective services programs. Although the number may seem shocking, state leaders from the Governor's office and the Office of Children and Family Services tell CNY Central the absence of one-time pandemic relief money that was there before is the reason behind it."

 

https://www.msn.com/en-us/news/us/hochuls-proposed-nys-budget-cuts-children-and-family-services-funding-by-800m/ar-AAVuWtR

I mean why aren’t more people acknowledging this post right here?  Literally this post ends this thread and shows people need to stop getting their “news” or info from social media posts and/or headlines. 

[78thealltimegreat]

Have to spend money to make it…I’m sure all the construction, maintenance, vendors, restaurants, hotels, and tourist attractions and the amount of revenue and employment opportunities it will create can generate 800 million dollars to pay back the state.

Heck the last mayor of New York’s wife lost 850 million dollars alone that was never accounted for. 

[Chef Jim]

This, my friends, is why I stopped caring about the Bills and sports in general. I wanted to post this TSW but figured no need to be an #######.  I'm glad this is here so I can be an #######.  This ***** pissed me off so bad when I learned it.  You got ***** homeless people all over but the state is willing to fork over nearly a billion dollars for a ***** gladiator arena that will be used at most 12 times a year.  SMFH.

 

Enjoy your $20 beers fellas!  

[ArtVandalay]

1 hour ago, cv05 said:

 

 

It's comments like this that I appreciate for Government accountability (which is virtually non-existent), however, there is also a severe lack of understanding as to why these stadium deals work. Now, I don't know the specifics on this deal I haven't reviewed the figures for myself but generally speaking these deals provide net gain from revenue generation. 

 

The amount of jobs created and tax revenues collected from the team payrolls and economic activity, these deals end up being a net gain. 

 

There's a difference between expenses that generate revenue such exceed said expense, and expenses that do not generate revenue. 

 

Also the said "cut" means OCFS will receive $3.7 Billion instead of $4.5 Billion in funding.... and this "cut" is actually a RETURN to pre-pandemic levels after the budget was elevated in the pandemic. The last budget contained $2.3 Billion of stimulus funds,  $1.25 Billion for stabilization grants to keep child care providers opened.

 

The one time stimulus and support was temporary and one time, not meant to be a continual investment although you knew people would attempt to. 

 

Financial literacy in this country is in the toilet.

 

 

Edited March 30, 2022 by ArtVandalay

[Chef Jim]

3 minutes ago, ArtVandalay said:

It's comments like this that I appreciate for Government accountability (which is virtually non-existent), however, there is also a severe lack of understanding as to why these stadium deals work. Now, I don't know the specifics on this deal I haven't reviewed the figures for myself but generally speaking these deals provide net gain from revenue generation. 

 

The amount of jobs created and tax revenues collected from the team payrolls and economic activity, these deals end up being a net gain. 

 

There's a difference between expenses that generate revenue such exceed said expense, and expenses that do not generate revenue. 

 

Also the said "cut" means OCFS will receive $3.7 Billion instead of $4.5 Billion in funding.... and this "cut" is actually a RETURN to pre-pandemic levels after the budget was elevated in the pandemic. The last budget contained $2.3 Billion of stimulus funds,  $1.25 Billion for stabilization grants to keep child care providers opened.

 

The one time stimulus and support was temporary and one time, not meant to be a continual investment although you knew people would attempt to. 

 

Financial literacy in this country is in the toilet.

 

 

 

Yup the ole jobs tax revenue explanation.   So you're telling me there were no jobs or taxes generated from the existing stadium what was just ***** renovated how many years ago.

 

Yeah I know nothing about finances.  

[ArtVandalay]

1 hour ago, nucci said:

unfortunately these type of people don't run for political office

They do and get slandered to death by politicians and media because the uniparty political establishment doesn't want their ecosystem upset. 

[BillsFan4]

38 minutes ago, Alphadawg7 said:

I mean why aren’t more people acknowledging this post right here?  Literally this post ends this thread and shows people need to stop getting their “news” or info from social media posts and/or headlines. 

I was thinking the same exact thing reading through this thread.

[BillsVet]

2 hours ago, 2003Contenders said:

Yes, and he also overlooks the number of jobs and boom to the local economy that will be created by the building of the new stadium. So the tax payer funds can rightfully be viewed as a genuine investment.

 

Please cite independent economist(s) who will support your assertion and provide objective evidence in the way of a conclusion.  At a minimum, this should include  the financial impact of public money benefitting the public (not team owners).    

 

1 hour ago, Lost said:

Bills stadium is infrastructure...which is something both political parties generally agree on spending money on.   Infrastructure = jobs and revenue for surrounding areas.  Nobody would bat an eye if NY state quietly spent 800 million to build a new state of the art library or bus terminal.   

 

I'm typically and advocate for lower taxes because I really don't trust the government to spend my money in an efficient manner but as long as it's being spent, I'd rather it be used for something tangible, that has lasting returns.  

 

If pro sports teams home stadiums are infrastructure, why are they in use ~15 times a year to the paying public?  The problem with stadium construction for the favorite team is that it's visible because you watch the games.  You probably don't live in my area where bridges languish and are not repaired in a timely manner.  Or, the roads in an adjoining county or perhaps yours are poorly maintained.  There's hundreds of millions of dollars going to one site that, from a fairness in taxation perspective, benefits a very narrow segment of the population while costing everyone...one that your favorite team will occupy.  But stadium construction wins votes and that's all that matters.  The run of the mill improving of roads, bridges, culverts, and other municipal projects particularly does not re-elect state representatives.    

 

1 hour ago, KDIGGZ said:

Yes let's completely overlook the 10,000 jobs created, millions in taxable income for the state, increased entertainment options and quality of life for the region, opportunities for more business and sponsorship, national media coverage, and guaranteed 30 years of keeping our favorite team. Anyone who agrees with this nonsense doesn't understand how businesses work. You don't think an $850 million investment into the region will result in way more money coming back in? How much money does child services make for the state? Oh nothing? Hmm tough choice. Also I highly doubt it was an either or as they are proclaiming it to be, they are completely unrelated. Virtue signaling at it's finest.

 

As I posted in a thread yesterday, the Pegula's are billionaires meaning they don't have to work a day in their life. They can float around on their yacht and live the good life and live off their investments. The fact that they choose to work so hard for our community and have created thousands of jobs between all of their companies in the process is so admirable it's almost unfathomable. Nobody should ever talk poorly about the Pegula's for all they have done for Buffalo. If they weren't making money on the Bills they would probably be making much more with less work elsewhere and then we wouldn't have a team. Because of them we will never have to worry about that again.

 

You've proven none of these assertions and fallen back on rhetorical flourishes that demonstrate you have no idea what you're talking about.  

 

Where in any local or state government does the taxpayer subsidize 60% (850M of 1.4B) the building of a businesses' physical location?  

Edited March 30, 2022 by BillsVet

[Chef Jim]

3 minutes ago, BillsVet said:

Where in any local or state government does the taxpayer subsidize 60% (850M of 1.4B) the building of a businesses' physical location?   

 

And pay their employees millions and millions of dollars that piss you off with their performance on a regular basis and keep their phony baloney jobs?  Nowhere that I know of.   

[In Summary]

Dan Price: When your team loses Russell Wilson and all you have left is shaming others on the disease that is social media.

[K D]

6 minutes ago, BillsVet said:

 

Please cite independent economist(s) who will support your assertion and provide objective evidence in the way of a conclusion.  At a minimum, this should include  the financial impact of public money benefitting the public (not team owners).    

 

 

If pro sports teams home stadiums are infrastructure, why are they in use ~15 times a year to the paying public?  The problem with stadium construction for the favorite team is that it's visible because you watch the games.  You probably don't live in my area where bridges languish and are not repaired in a timely manner.  Or, the roads in an adjoining county or perhaps yours are poorly maintained.  There's hundreds of millions of dollars going to one site that, from a tax equity perspective, benefits a very narrow segment of the population...one that your favorite team will occupy.  But stadium construction wins votes and that's all that matters.  The run of the mill improving of roads, bridges, culverts, and other municipal projects particularly in rural areas does not in Albany.  

 

 

You've proven none of these assertions and failed back on to rhetorical flourishes that demonstrate you have no idea what you're talking about.  

 

Where in any local or state government does the taxpayer subsidize 60% (850M of 1.4B) the building of a businesses' physical location?   

When my work truck breaks down it's either get a new truck or go out of business. The cost of the truck is not what I'm recouping with future business, it's also the potential loss of business if I were to not get a truck and become unemployed and post on internet message boards all day and have my wife and kids leave and default on my loans and then turn to a life of crime and then end up in prison. Maybe I should have just purchased a new truck?

 

A new stadium is unfortunately the cost of doing business. It's either build it or the team leaves and with it goes jobs, revenue, tourism, not to mention a city like Buffalo with not much else going on will result in people moving away or going deeper into depression and turning to drugs and alcohol. Your argument is flawed in that you expect to quantify the economic dollars of building an oft-unused stadium but that is a straw man's argument in that it is not the building of the stadium but the reverberation of impacts throughout the local economy for the next 30-40 years as well as maintaining the current levels of economic prosperity. You need to add the total benefits plus the unrealized losses to get the total output. No study exists where it will show what happens when a city spends the money to keep a team vs losing that team in a parallel universe but I'd be interested in reading it if so.

[What a Tuel]

1 hour ago, DrDawkinstein said:

 

The entire C&F services budget was $4.5 billion annually pre-cut and is now $3.7 billion post cut. So, once again over the 30 year stadium deal, C&F services will still receive $111 billion or enough to build four stadiums a year, every year, for thirty years.

 

But again, want to be clear it was not cut. You can't inflate spending programs by padding them with pandemic relief money and then argue that we are gutting social programs in favor of stadiums when that pandemic relief money expires. I know you aren't arguing this but even stating it was "cut" is ceding that.

 

https://www.msn.com/en-us/news/us/hochuls-proposed-nys-budget-cuts-children-and-family-services-funding-by-800m/ar-AAVuWtR

 

CNY Central has reached out directly to Governor Hochul's office for more context and perspective, as well as the Office of Children and Family Services. A spokesperson for OCFS tells CNY Central the proposed budget does not show a reduction in funding to local child protective services programs. Although the number may seem shocking, state leaders from the Governor's office and the Office of Children and Family Services tell CNY Central the absence of one-time pandemic relief money that was there before is the reason behind it.

[John Adams]

Hi everyone, welcome to PPP. It's really great here. Really really great. 

[WotAGuy]

1 hour ago, KDIGGZ said:

 

 

A new stadium is unfortunately the cost of doing business. It's either build it or the team leaves and with it goes jobs, revenue, tourism, not to mention a city like Buffalo with not much else going on will result in people moving away or going deeper into depression and turning to drugs and alcohol.

I would argue the Bills ARE the reason why people go deeper into depression and turn to drugs and alcohol. 

[Chef Jim]

20 minutes ago, WotAGuy said:

I would argue the Bills ARE the reason why people go deeper into depression and turn to drugs and alcohol. 

 

My the timing of my sobriety weirdly coincides with my dumping of the Bills.  You may be on to something.....

1 hour ago, John Adams said:

Hi everyone, welcome to PPP. It's really great here. Really really great. 

 

Welcome?  There is no welcome here.  We kick 'em in the nutz and tell them to get to work.