Saturday, October 04, 2008

Modern government creates more problems than it solves

Government perpetuates itself by always solving problems with solutions that are not really solutions.  So, of course, either the problems persist or the "solutions" create new problems, which government proposes to solve with more half-baked solutions. 

Government officials never want to concede that there are some problems that they can not solve.

So, in the downtown area, they have created a pyramid scheme that can only be maintained by successive subsidized projects designed to prop up, support and maintain the previous (and many times extended) subsidized businesses (Hoosier Dome, Convention Center, hotels, expanded convention center, hotels, mall, expanded convention center, hotels, new arena, hotels, new stadium, hotels, expanded convention center, hotels, etc.).  It is all a house of cards that would eventually collapse without further subsidy.  They know it, but won't admit it.

Of course, when government largess is made available, someone will always be available to take it, but willingness to participate in a pyramid scheme does not validate it as a viable or appropriate method of development. 

Most pyramid schemes collapse.  Unfortunately, government can levy additional taxes, borrow money and use all sort of financial voodoo to maintain the pyramid regardless of its long-term impact on the city’s core mission or viability.

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