Mercedes-Benz Stadium is home to the Atlanta Falcons and the site of this year's Super Bowl. Costing $1.5 billion, it's one of the most expensive stadiums in America.

The owner of Atlanta's football team, billionaire Arthur Blank, persuaded Atlanta officials to force taxpayers to pay for more than $700 million in subsidies for his stadium.

John Stossel says he understands why politicians subsidize stadiums. "They like going to games, and like telling voters, 'I brought a team to our town!'" says Stossel.

He also understands why billionaires take the money, "if politicians are giving money away, Blank's partners would consider him irresponsible not to take it."

And when it comes to already-rich people getting poorer people to fund their stadiums, Atlanta is not unusual. The Oakland Raiders got $750 million of taxpayer money to move the Raiders to Las Vegas.

Economist J.C. Bradbury points out that while money spent at football games is the "seen benefit, the unseen cost is that those people would otherwise be spending their money elsewhere in the local communities. At the local bar there's one less bartender. There was one less waitress hired at another restaurant. A movie theater that had one less theater full."

Stossel reminds everyone, "When politicians brag about their stadium and the many economic benefits, let's also remember all the jobs they destroyed and taxpayer money they squandered."