| Numbers lie and liars use numbers.
The Economic Impact number ($368,000,000) is usually a multiple of 6 times the actual 'new' money brought into a community. I can't find my Big Chief tablet and fat pencil so I'll just dew the math in my head:
360 Million divided by 6 ='s 60 million (NEW DOLLARS) divided by 5 (years) ='s 12 Million divided by 12 (months) ='s 1 Million Dollars per month of spending by 'out of towners' due to our having "Special Events."
As much as I like doG & Pony shows, I don't see $33,333.33 coming into Dodge each and every day.
We could reach or even exceed those numbers if we spent our $40,000,000.00 on building a hospital oasis on the Plains. That would be "new" money attracting Highly Skilled Labor.
Something as basic as a 225 bed nursing home would attract new dollars that meet their economic impact projections.
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"Wal-Mart, you may want to look into this." |