In his article for the Christian Science Monitor, Dennis Coates, professor of economics, wrote about Baltimore’s upcoming grand prix races and potential traffic problems. He wrote, “My guess is that between regular citizens of Baltimore either hunkering down to avoid the race fans and the traffic problems associated with blocked off streets or skedaddling out of town to get away that neither those $250 million in ticket sales, restaurant meals and hotel stays nor those $11 million in direct tax revenues will materialize, that the great press about Baltimore and its charms will have little lasting impact on the perception of the city, but the waste of millions of tax payer dollars on this stupid idea will short change important and high value public works projects for years to come.”
Read the full article here.
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