Episode description
This article from Strong Towns examines the financial struggles faced by typical American cities, using Lafayette, Louisiana, as a case study. Through a detailed analysis of revenue and expenses, the piece reveals that many cities have accumulated unsustainable infrastructure liabilities exceeding their tax base. This predicament, termed the “Growth Ponzi Scheme,” stems from a development pattern prioritizing rapid expansion and immediate revenue over long-term maintenance costs. The author argues that this model has led to a situation where infrastructure burdens outweigh the wealth it generates, suggesting a need for a fundamental shift in urban growth strategies.
https://thinkandactlocally.com/donate/
https://thinkandactlocally.myshopify.com
Youtube – @ThinkandActLocally www.youtube.com/@ThinkandActLocally
Facebook – @thinkandactlocally www.facebook.com/thinkandactlocally
TikTok – @thinkandactlocally www.tiktok.com/@thinkandactlocally
Instagram – @thinkandactlocally
www.instagram.com/thinkandactlocally
Truth Social – @thinkandactlocally
X- @ThinkActLocally
www.twitter.com/ThinkActLocally
LinkedIn – @think-and-act-locally www.linkedin.com/company/think-and-act-locally
