The Most Idiotic Idea in America Is Getting Worse … and No One Seems Ready to Change It

Here’s an oversimplified but basically accurate sales pitch for publicly funded stadiums: you (the taxpayer) give millions of dollars in tax incentives to pay for a stadium, but instead of having any ownership of this asset or ability to make money on the profits it will surely generate, you agree to put those profits into the hands of a small number of super rich sports team owners. Forever. And then you do it again and again and again across the country.

Welcome to the most idiotic idea in Amer...