B and B: Good Jobs First

B and B: Good Jobs First: "Recently, the owner of the NFL's New Orleans Saints hinted that he may be interested in moving his team, perhaps to San Antonio. (Fellow San Antonio bloggers Cincinnatus and Cicero have covered this issue recently.) To sports watchers, this is part of an old story: team owner hints he may move team; city and taxpayers where team is currently located cough up huge amounts of dough to build or renovate a new stadium or otherwise provide a tremendous windfall to the aforementioned team owner. If the dough is not forthcoming, other cities fall over themselves to offer said owner the windfall he seeks; original city loses team.

The same game is played, less visibly but even more expensively to taxpayers, by other large businesses seeking government handouts."

Another must read.