Yes, Your Honor. I'm calling you out. By name. You are a coward with a logic deficit.
In the most insane example of having your cake and eating it, too, you had the audacity to glamour shot your way into Luke Kenley's press conference about the CIB bail out proposal only to offer the following, which comes from today's Indianapolis Star:
Indianapolis Mayor Greg Ballard, who joined Kenley at a news conference Wednesday at which the plan was outlined, wouldn't say he endorsed the details but said he supported the need to preserve the convention and entertainment business in Downtown Indianapolis.
If you're not there to endorse THIS deal, what deal are you there endorsing? We don't know. Because you won't say. And you won't say because you're a coward. You KNOW you came into office on a platform of lower taxes, and here you are, ready to stick it to us already to make sure we take care of billionaires who pay millionaires to play a game.
Let me be fair, you also said the following:
"This is not about any individual teams or anything. This is about Downtown Indianapolis. This is about the convention business. This is about $3.5 billion worth of convention business, 66,000 jobs in Central Indiana related to hospitality -- that's what this is about," Ballard said. "We must maintain this economic engine."That's the illogical part. We COULD make up the entire deficit by raising admission per ticket at Conseco events. You know why we won't do that? We're told it would be too costly. People will stop going to Pacer games. But isn't this Republican Party orthodoxy? Raise taxes, lose voters? Raise prices, lose customers? And yet, here sits a Republican Mayor saying that by RAISING hospitality taxes to one of the highest IN THE NATION, somehow we're going to save our convention employees. (In fairness to the Mayor, his non-approach benefits millionaires primarily at the expense of average folk who will take the hit on these regressive tax increases, so that part is consistent with Republican philosophy).
NO convention group books here because they want to go to a Pacer game. They book because we have a lot of low-cost but nice hotel space, nice restaurants and nightlife to enjoy, proximity between hotel and convention space, and a clean and interesting cityscape (a/k/a "ambiance").
But, Mayor, you let Luke Kenley take the largest competitive arrow out of your quiver and break it over his knee before your very eyes. (Seriously, if you're currently in high school taking your first economics class, can you PLEASE call the Mayor's Office?)
You see, Mr. Mayor, in economics we have a notion called "competition." If person A can get something CHEAPER from city B than from City I (for incompetent), they will. This means And the 66,000 people you claim to protect are all laid off because NOBODY is coming here.
Here are two other concepts you might find "neat." Demand for a good can be "elastic" or "inelastic." If demand is "inelastic," people will buy even if the prices rise insanely. Medical care is a great example. Most people like to live, so they'll sell their second-born to finance a life-saving surgery, even if you double the cost. But if demand is "elastic," an increase in price means people won't buy the good or service anymore even with a slight increase. You know what makes demand "elastic?" Having options to do other things.
So, say for instance I'm already thinking about not eating out anymore because things are tight, and NOW I'm going to have to pay even MORE, not only in downtown but everywhere in Marion County. Guess what I'll do? Eat out less. So NOW your expected new tax money never shows up, and all you've done in the mean time is hurt the very restaurants you claim you're trying to help by keeping the Pacers downtown.
See what you've done? You've stood silent while the most powerful Republican at the Statehouse save Mitch Daniels constructed a fix on a shaky foundation. But the truth is, this is what Kenley and you wanted to do all along. You'll put this ill-thought out bailout into play, SAY "Mission Accomplished," and you'll pray that President Obama gets the economy moving. Then if it happens, you act like you're geniuses. If it doesn't, you'll blame Obama for the "sluggish national economy," though we'll all know the truth. Whatever protection of, or growth of, our "hospitality economy" you could have afforded RIGHT NOW was stagnated because one of your top advisors runs in a millionaire boys club. How grand. How Bob Grand.