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Senator Eileen Donoghue (D-Lowell) Show Us Your Data

By Anonymous on Wed, 01/28/2015 - 7:51pm

insidethegames:

Senator Eileen Donoghue .. claimed the high costs associated with..becoming a host city would be outweighed by the economic gains from increased tourism and business.

Andrew Zimbalist, who is an economist who specializes in sports made the following argument:

I think the main benefit of the Olympics is a feel good benefit that lasts for 17 days and maybe trickles on for a couple of weeks after that. The economic benefits have not been forthcoming. There's very little evidence, especially since 1984 in LA and 1992 in Barcelona, very little evidence that you get increases in tourism in the short run or in the long run, or that you get increases trade, or the you get increases in foreign investment. There's a lot of hype about that—the proponents always claim that it's going to happen—but the empirical evidence isn’t there.

So Senator Eileen Donoghue, show us your data.

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Comments

By Anonymous on Wed, 01/28/2015 - 8:00pm.

from the same article:

The Legislature voted 11 to 1 in favour of creating the privately-funded committee to explore potential costs, infrastructure, transportation, and security.

The final version of the bill calls for an 11-member commission to study all aspects of hosting the Games, including costs, infrastructure, transportation and security.

When plans for a bid from Boston first emerged in March, the city's Mayor Thomas M. Merino claimed the idea was "far-fetched".

The legislature is much bigger than 12 people, so it must have been a committee that voted to give authority to an 11-member private commission. Where is the report? Where is the oversight?

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