Zero Sum: Cities Have Little To Show For Big Spending

Zero Sum: Cities Have Little To Show For Big Spending Authored by Jeremy Portnoy via RealClearInvestigations, America’s largest cities are increasing their spending at almost unprecedented rates. A RealClearInvestigations (RCI) analysis of cities with at least 500,000 residents found they cumulatively raised their per-person spending by 18 percent over the last 10 budget cycles, accounting for inflation. The only equivalents on record are the spending surges ignited by the Gr...

By Tyler Durden