Monday, August 4, 2014

One money losing scheme after another

Detroit: Setting Taxpayer $ On Fire

By Jim Epstein, Jul. 24, 2014, Reason.com

Growing up in the 1940s, Robert Fogelson remembers banging on the typewriter and peering out the window at his father’s office in a Manhattan skyscraper. Then "[my dad] would take us for lunch to a nearby Schraft’s, a chain of restaurants that was popular with housewives like my mother, who regularly went downtown to shop…to socialize ...or to meet my father for a play or a movie." Fogelson hadn’t decided yet what he would do with his life, "[b]ut I took it for granted," he writes, “whatever I did, I would do downtown."

As much a concept as a physical location, "downtown" was "the most powerful and widely recognized symbol of the American industrial metropolis," wrote historian Sam Bass Warner Jr., and it evokes sentimentality even in those of us who grew up long after flagship stores and corporate headquarters had relocated to the outskirts, leaving urban commercial districts empty and decrepit. Tourists still pack Times Square in New York City, where they can revel in a Disneyland-like recreation of downtown’s bright lights and crowded sidewalks. Fogelson never became a denizen of a towering skyscraper; he’s an urban historian at MIT and the author of Downtown: Its Rise and Fall, 1880-1950, an examination of how center cities have shaped public policy.


Read the full story:  www.reason.com

Follow Larry Elder on Twitter
"Like" Larry Elder on Facebook

No comments:

Post a Comment

Comment Policy:

The author of this blog will attempt to engage in conversation via the comments section whenever possible and recognize the 24/7 nature of the internet. Moderating and posting of comments will occur during regular operational hours Monday through Friday. Comments submitted after hours or on weekends will be read and posted as early as possible, however admins and/or the author is unable to commit to replying to every comment posted.

This is a moderated blog. That means all comments will be reviewed before posting. In addition, it is expected that participants will treat each other, as well as the author and admin, with respect. Comments that contain vulgar or abusive language; personal attacks of any kind will not be posted. Comments that are spam or that promote services or products will not be posted. It is requested that all comments remain on topic.

The Elder Statement blog does not guarantee or warrant that any information posted by individuals on this blog is correct, and disclaims any liability for any loss or damage resulting from reliance on any such information. The Elder Statement blog may not be able to verify, does not warrant or guarantee, and assumes no liability for anything posted on this website by any other person. The Elder Statement blog does not endorse, support or otherwise promote any private or commercial entity or the information, products or services contained on those Web sites that may be reached through links on our Web site.

To protect individual privacy and the privacy of others, please do not include phone numbers, addresses or email details in the body of a comment. Such information will result in removal of a comment.

Thank you for your attention.

The Elder Statement