A wide ranging commentary and dialogue on the media, politics, today's headlines and the popular culture. Always fresh and new every day! Now celebrating our second decade and more than six million page views. Nationally recognized, widely quoted, newsworthy and noteworthy.
It seems the private sector will put money into Camden only if that investment is subsidized by the rest of us.Click here to read the entire column.
Even the biggest companies, whose bottom lines were enriched by the sweat of city residents for generations, want special assistance. They simply have to have loans or grants or PILOTs (payments in lieu of taxes).
It's acceptable to expect, even demand, a basket of public goodies (known as "incentives") before moving to Camden. Or not moving out.
Meanwhile, ordinary people have left by the thousands. From a peak of 125,000 in 1950, Camden's population had fallen nearly a third by 1990.
By that point the city had, for all practical purposes, been insolvent for 20 years.
No comments:
Post a Comment