If you think they're going to substitute between different kinds of spending, then there's no new spending created - it's just substitution. Different people are getting the benefits of the spending, but there isn't any new kind of benefit generated.
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This quote is just one of 2 total Dennis Coates quotes in our collection. Dennis Coates is known for saying 'If you think they're going to substitute between different kinds of spending, then there's no new spending created - it's just substitution. Different people are getting the benefits of the spending, but there isn't any new kind of benefit generated.' as well as some of the following quotes.
If you think they're going to substitute between different kinds of spending, then there's no new spending created - it's just substitution. Different people are getting the benefits of the spending, but there isn't any new kind of benefit generated.
Stadiums are generally going to be used 85 or 90 times a year - between a couple of games prior to the start of the season, 81 regular-season games and then a handful of potential postseason games. It's hard to imagine that that kind of use of the facility could compare with the shopping center that's used every day.
This quote is just one of 2 total Dennis Coates quotes in our collection. Dennis Coates is known for saying 'If you think they're going to substitute between different kinds of spending, then there's no new spending created - it's just substitution. Different people are getting the benefits of the spending, but there isn't any new kind of benefit generated.' as well as some of the following quotes.