Say this about the Chicago Bears: They’re going to eat taxpayers, but at least either Indiana or Illinois will get a stadium.
I say this having spent decades analyzing state efforts to lure sports teams and businesses using taxpayer dollars. Illinois and Indiana are competing over the Bears – a team worth an estimated $8.2 billion. The NFL team could move out of Chicago proper into the Indiana suburbs if lawmakers pony up enough taxpayer cash to build a new stadium.
Make no mistake: This is not the economic development opportunity that both states say it is. The economy will not grow because… Read More in Real Clear Politics