John, I’m a very infrequent smoker indeed, but I do pay NYC taxes. Bloomberg’s stadium was a piece of megalomaniacal, economically illiterate nonsense – the price was a giveaway, the tax breaks were a disgrace and there is very little (if any) evidence that such stadia (giant exercises in corporate welfare, incidentally) create any economic growth. If anything the reverse is true. As to Bloomberg’s dereliction of duty over reconstruction downtown, let’s start with the mess-up over the planned Goldman Sachs building or perhaps we should talk about the security concerns surrounding the Freedom Tower. Both involved Bloomberg’s areas of responsibility – or should have done.

About the Author
Andrew Stuttaford is the editor of National Review's Capital Matters.
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