New Yorkers are aghast that the Buffalo Bills stadium deal, which will fill the pockets of a wealthy NFL team owner with their tax dollars, is in the state budget the Legislature just adopted.

But it’s not exactly a rogue element.

The stadium giveaway is really a metaphor for the entire $220 billion package, whose defining feature — other than its enormous price tag — is the degree to which it’s packed with subsidies for well-heeled business interests and big labor unions.

No doubt the stadium deal is a useful Exhibit A. Economists on both the right and left agree taxpayers are typically the losers in such publicly funded sports-stadium arrangements.

Read the full commentary in the New York Post.

About the Author

Peter Warren

Peter Warren is the Director of Research at the Empire Center for Public Policy.

Read more by Peter Warren

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