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Philadelphia’s Finances Not Quite In Order
Turns out the City of Philadelphia has owes an average of $5,000 per resident, something Standard & Poor’s rating system rates as “very high.” Oh, and the city just borrowed $200 million, and future budgets are based on casino revenues, which are coming who knows when. And the reason: Why, the local sports teams, which rake in millions but forced taxpayers to help build new stadiums. Of course, you don’t need a hackneyed journey down that road, but let’s ask: If we’re going to pay for your stadium, could you re-sign Aaron Rowand? Or, actually, pitching. Pitching would be nice. Let’s not get started on the Eagles. Phila-debt-ia [Philly, Inc.] |
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I’m confused. Paul Hagen says there’s a chance Rowand could be back, Jim Salisbury says there isn’t. Both ran in today’s editions, so which is it?