For local governments, the Growth Ponzi Scheme has allowed national politicians to promise a free lunch while forcing those lower on the food chain to absorb the long term costs associated with hitting this quarter’s GDP targets.
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A reference list of Strong Towns terminology.
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Over the last several years, we have seen the Strong Towns message of financial resilience and strong communities reach dozens of towns and cities across the country. Last week, the message was shared at a conference in Dubuque, Iowa by a Strong Towns member, John Griffin.
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Following a Curbside Chat earlier this year, Waco, Texas, is taking some difficult and important steps towards getting their financial house in order.
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Necessary repairs to roads and streets often get put off for a later time despite the fact that we see them decline before our eyes. This is an even bigger problem for underground infrastructure where the problem is out of sight, out of mind.
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Jobs and growth are the results of a productive system, not a proxy for one.
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America’s cultural belief is that growing cities experience not only opportunity and prosperity today, but the growth allows them to experience success far into the future. There is a built-in assumption that new growth pays for itself today and generates enough wealth to sustain itself generation after generation.
These are flawed assumptions.
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Massive, quick change is only going to come by having a nation of people who care about their communities and are prepared, as an expression of that caring, to share the Strong Towns message with their friends and neighborhoods, then take action together to change their places. That's the Strong Towns movement.
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We have to stop looking at the stagnation and decline of our blocks and neighborhoods as a normal part of the development process.
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The underpinnings of the current financial crisis lie in a living arrangement—the American pattern of development—that does not financially support itself.
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If you want a simple explanation for why our economy is stalled and cannot be restarted, it is this: Our places do not create wealth, they destroy wealth.
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Our development pattern is not productive enough to sustain itself.
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Our national economy is "all in" on the suburban experiment. We cannot sustain the trajectory we are on, but we've gone too far down the path to turn back.
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How did we build such an amazing place before the home mortgage interest deduction? How did we accomplish this before zoning? What created this place before we had state and federal subsidies of local water and sewer systems?
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In this system, we need growth. We not only have infrastructure in the ground that needs to be paid for, but we are counting on the new development to pay for the maintenance of the old, existing development. We are deep into this Ponzi scheme.
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Our current model of growth and development is fragile: Cities that don't grow, die. What does this say about the future of America's cities and towns?
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