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The WI Thread: FIBs stay the **** out

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The WI taxpayers are subsidizing Fiserv and the new arena. Would the city/state be better off without either Fiserv or the Bucks in Milwaukee? I'd wager probably not.

I would take your wager.

There were a couple fascinating articles I recall reading focused on Miller Park the last time they needed a capital infusion, and when the Fiserv Forum when that was being debated. From what I recall, the articles basically stated that the financial impacts to the community of having a professional sports team are often vastly overstated, and those tax dollars could be spent in alternative ways to create a greater overall net impact.

Feel free to read some of the below references. Frankly it seems like there is little evidence to support that financing these projects makes any sense, but then again neither does the overall idea of trickle down economics and that is still bandied about as a sound theory after all these years.

Links:
https://www.brookings.edu/articles/sports-jobs-taxes-are-new-stadiums-worth-the-cost/
https://research.stlouisfed.org/pub...the-economics-of-subsidizing-sports-stadiums/
https://medium.com/concentrated-benefits/the-hidden-costs-of-stadium-subsidies-fbc079f335f3
 
I would take your wager.

There were a couple fascinating articles I recall reading focused on Miller Park the last time they needed a capital infusion, and when the Fiserv Forum when that was being debated. From what I recall, the articles basically stated that the financial impacts to the community of having a professional sports team are often vastly overstated, and those tax dollars could be spent in alternative ways to create a greater overall net impact.

Feel free to read some of the below references. Frankly it seems like there is little evidence to support that financing these projects makes any sense, but then again neither does the overall idea of trickle down economics and that is still bandied about as a sound theory after all these years.

Links:
https://www.brookings.edu/articles/sports-jobs-taxes-are-new-stadiums-worth-the-cost/
https://research.stlouisfed.org/pub...the-economics-of-subsidizing-sports-stadiums/
https://medium.com/concentrated-benefits/the-hidden-costs-of-stadium-subsidies-fbc079f335f3

Yeah, I've seen the articles and studies. I just don't think the value of local professional sports can be fully valued in hard dollars and cents. From the Brookings study:

A professional sports team, therefore, creates a “public good” or “externality”—a benefit enjoyed by consumers who follow sports regardless of whether they help pay for it. The magnitude of this benefit is unknown, and is not shared by everyone; nevertheless, it exists.

I personally wouldn't want to live somewhere with no professional sports.
 
No one posted this, bit apparently Eaglepark is having a beer festival.



120 for VIP. Twice of GTMW. But you take home beer. Both logistically and price wise this seems odd.

And VIP sold out in seconds apparently.
 
Last February, we reported that Palm Tavern was for sale. One year later, the venerable Bay View beer bar has been sold. According to staff members and an Instagram post from current owner Bruno Johnson, the property at 2989 S. Kinnickinnic Ave. (which has been home to Palm Tavern since 2003) has been purchased. The bar’s final day in business—at least under its current ownership—will be Sunday, February 17. Johnson says Palm “will close for some retooling and a touch of management change on Monday the 18th [of February].”

Palm Tavern opened more than 15 years ago, long before Bay View was a bastion of bars and restaurants with excellent beer selections and hundreds of liquor options on hand. In the years that followed, the small neighborhood bar established itself as one of Milwaukee’s first and finest craft beer bars and pushed its incomparable arsenal of whiskey and bourbon varieties past the 450 mark. Draft Magazine once called Palm Tavern “one of America’s best beer bars.”

Check back for more updates on the status of the bar under its new ownership. Though Johnson’s post hints at an eventual “reopening,” you only have a few more days to say goodbye to Palm Tavern as you know it.
 
Wow. No ****? My wedding reception was at the Dorf Haus. My SIL bartended there until a year or so ago.

Yeah, the owner retired last year after almost 30 years due to health issues.
I guess some young guys bought it and remodeled the place. It reopened recently as “Roxbury Bar & Grill”. From this article, it looks like they turned it into another soulless sports bar. Kind of adds insult to injury...
 
Stopped in last night to say goodbye. I will miss this little dive.

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I've always liked their IPAs, so looking forward to trying this. Expectations are low for the "fruited" side of this.

New Glarus Break O Day IPA is an above average fruit beer. Juicy apricot is the best way to describe it, but it does have a weird little hop bite to it. Can’t say I remember DFH Aprihop, but it didn’t taste like this I don’t think. Break O Day is terrible as an IPA and should have never been marketed as such.
 
New Glarus Break O Day IPA is an above average fruit beer. Juicy apricot is the best way to describe it, but it does have a weird little hop bite to it. Can’t say I remember DFH Aprihop, but it didn’t taste like this I don’t think. It is a terrible IPA and should have never been marketed as such.
has it been that long since Aprihop was made?

I feel like we have come full circle on fruity IPAs.
 
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