jew@usl.UUCP (James E. Wilson) (09/21/86)
In article <376@ubc-cs.UUCP> andrews@ubc-cs.UUCP (Jamie Andrews) writes: >In article <754@mprvaxa.UUCP> acton@mprvaxa.UUCP (Don Acton) writes: >>I think one should be careful to make the distinction between business >>being down and business not being what they had hoped for. With Expo it >>has been the latter.... > > Of course, "what they had hoped for" means "enough to offset the >massive deficit from Expo"... so we lose big either way. We absorbed some massive debts in Louisiana as a result of the New Orleans World Fair two years ago. It was an extremely foolish idea to sponsor an extravaganza like that here, especially during the summer. Our taxpayers will be paying for that for years, and at just the wrong time; this state's economy is largely based around the slumping oil industry. World's fairs and "expos" are generally poor investments for those who sponsor them, and especially so lately. People are simply tired of them; there seems to have been one every other year somewhere, and I have never known any city to do financially well on them, overall. But they still seem to be promoted. Jim Wilson US Mail: USL P.O. Box 45147, Lafayette, LA 70504; tel. (318)231-6423 UUCP: {ut-sally, akgua}!usl!jew ARPA: usl!jew@ut-sally