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://www.strongtowns.org/
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
Rumble - @ThinkandActLocally
X- @ThinkActLocally
www.twitter.com/ThinkActLocally
LinkedIn - @think-and-act-locally
www.linkedin.com/company/think-and-act-locally
https://open.spotify.com/show/601vtPzxdHl82EM42Hsulf?si=05017b5b0ace4edc