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Sports Mania Is a Poor Substitute for Economic Success

Tomorrow the Pittsburgh Steelers square off against the Baltimore Ravens, and the Philadelphia Eagles square off against the Arizona Cardinals. The winners will go head to head on Feb. 1 in Super Bowl XLIII.

If there ever was a time to crow about the wonders of rebuilding a city around a professional sports team, this would be it. Three of the four teams remaining in the play-offs hail from cities -- Baltimore, Philadelphia and Pittsburgh -- that in recent years spent billions rebuilding their downtowns around pro sports facilities and other community "anchors."

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