Wednesday, November 13, 2024
Hawai'i Free Press

Current Articles | Archives

Wednesday, March 16, 2016
Plan to renovate or rebuild Aloha Stadium could become a taxpayer boondoggle
By Grassroot Institute @ 7:24 PM :: 3965 Views :: Tourism

Grassroot Cautions Legislature on Stadium & Pro Bowl Expenses

Watchdog group calls for more careful scrutiny of spending for events and renovations

News Release from Grassroot Institute

HONOLULU, HAWAII--March 16, 2016--Today, the Grassroot Institute asked the Hawaii Legislature to take a more careful look at the costs and benefits of investing in significant upgrades to Aloha Stadium and large-scale sports events like the Pro Bowl. In comments on HB 1847 (establishing a Sports & Entertainment Authority) and HB 2229 (creating a task force to keep the Pro Bowl in Hawaii), the watchdog group pointed out a plethora of research showing the burden such plans can create for taxpayers.

Pointing to research from a Harvard urban planning professor and two independent economists who studied the effect of the Pro Bowl on Hawaii, Grassroot Institute demonstrated that an ambitious plan to renovate or rebuild Aloha Stadium could become a taxpayer boondoggle, and that statistics promoted by the Hawaii Tourism Authority claiming high tourism revenues from the Pro Bowl may be inflated. Stressing that the organization does not oppose the Pro Bowl in principle, the group urged legislators to require a rigorous and independent analysis of proposed construction projects or multi-million dollar subsidies for sports and entertainment.

"Research demonstrates that stadium projects can cost taxpayers billions in 'obscured costs' and that large scale, subsidized sporting events--from the Olympics to the World Cup--can end up being more of a burden on a city than a tourism boon," stated Keli'i Akina, Ph.D., President of the Grassroot Institute. "While we, like many other citizens of this state, hold the Pro Bowl in great affection, we cannot let that blind us to the need for a more rigorous analysis of its economic impact ... and the impact of any large stadium rebuilding project."

Dr. Akina continued: "Better analysis will also have a secondary benefit to our state in identifying the kinds of events that will help improve tourist revenues and attract new visitors. Before we rush into something that could become a taxpayer boondoggle, it's only sensible that we start by questioning the underlying assumptions behind it."

Grassroot Institute's testimony can be viewed at:http://new.grassrootinstitute.org/2016/03/grassroot-testimony-hb-1847-relating-to-the-sports-entertainment-authority/

http://new.grassrootinstitute.org/2016/03/grassroot-testimony-hb-2229-relating-to-sports-2/###

About the Grassroot Institute of Hawaii:

Grassroot Institute of Hawaii is a nonprofit, nonpartisan research institute dedicated to the principles of individual liberty, the free market, and limited, accountable government throughout Hawai`i and the Asia-Pacific region.  Read more about us at http://www.grassrootinstitute.org/

Like us on Facebook: http://www.facebook.com/GrassrootInstitute

Donate to help us grow: http://tinyurl.com/GrassrootDonate

Tweet us at http://twitter.com/grassroothawaii

About Grassroot President:

Keli’i Akina, Ph.D.,  is a recognized scholar, educator, public policy spokesperson, and community leader in Hawaii.  Currently, he is President/CEO of Grassroot Institute of Hawaii, a public policy think tank dedicated to the principles of individual liberty, free markets and limited, accountable government.  An expert in East-West Philosophy and ethics, Dr. Akina has taught at universities in China and the United States and continues as an adjunct instructor at Hawaii Pacific University.  Dr. Akina was a candidate for Trustee at Large of the Office of Hawaiian Affairs in the 2014 General Election run-off.

Links

TEXT "follow HawaiiFreePress" to 40404

Register to Vote

2aHawaii

Aloha Pregnancy Care Center

AntiPlanner

Antonio Gramsci Reading List

A Place for Women in Waipio

Ballotpedia Hawaii

Broken Trust

Build More Hawaiian Homes Working Group

Christian Homeschoolers of Hawaii

Cliff Slater's Second Opinion

DVids Hawaii

FIRE

Fix Oahu!

Frontline: The Fixers

Genetic Literacy Project

Grassroot Institute

Habele.org

Hawaii Aquarium Fish Report

Hawaii Aviation Preservation Society

Hawaii Catholic TV

Hawaii Christian Coalition

Hawaii Cigar Association

Hawaii ConCon Info

Hawaii Debt Clock

Hawaii Defense Foundation

Hawaii Family Forum

Hawaii Farmers and Ranchers United

Hawaii Farmer's Daughter

Hawaii Federation of Republican Women

Hawaii History Blog

Hawaii Jihadi Trial

Hawaii Legal News

Hawaii Legal Short-Term Rental Alliance

Hawaii Matters

Hawaii Military History

Hawaii's Partnership for Appropriate & Compassionate Care

Hawaii Public Charter School Network

Hawaii Rifle Association

Hawaii Shippers Council

Hawaii Together

HiFiCo

Hiram Fong Papers

Homeschool Legal Defense Hawaii

Honolulu Navy League

Honolulu Traffic

House Minority Blog

Imua TMT

Inouye-Kwock, NYT 1992

Inside the Nature Conservancy

Inverse Condemnation

July 4 in Hawaii

Land and Power in Hawaii

Lessons in Firearm Education

Lingle Years

Managed Care Matters -- Hawaii

MentalIllnessPolicy.org

Missile Defense Advocacy

MIS Veterans Hawaii

NAMI Hawaii

Natatorium.org

National Parents Org Hawaii

NFIB Hawaii News

NRA-ILA Hawaii

Obookiah

OHA Lies

Opt Out Today

Patients Rights Council Hawaii

Practical Policy Institute of Hawaii

Pritchett Cartoons

Pro-GMO Hawaii

RailRipoff.com

Rental by Owner Awareness Assn

Research Institute for Hawaii USA

Rick Hamada Show

RJ Rummel

School Choice in Hawaii

SenatorFong.com

Talking Tax

Tax Foundation of Hawaii

The Real Hanabusa

Time Out Honolulu

Trustee Akina KWO Columns

Waagey.org

West Maui Taxpayers Association

What Natalie Thinks

Whole Life Hawaii