As the US private sector dies, so does stadium boom
- The few franchises that do not have state-of-the-art new homes are concentrated in
- California and Florida—
- states with serious budget problems in which
- new taxpayer-funded stadiums would be unthinkable."...*****
- "Paychecks from private business shrank to their smallest share of personal income in U.S. history during the first quarter of this year, a USA TODAY analysis of government data finds.
At the same time, government-provided benefits — from Social Security, unemployment insurance, food stamps and other programs —
- rose to a record high during the first three months of 2010....
- The federal government depends on private wages to generate income taxes to pay for its ever-more-expensive programs.
- 3/31/09, the Star-Ledger: "NJ radio station holds "funeral for the middle class" to protest state budget"