The video explains, in simple terms (probably simple enough that a 10-year-old could understand them), why our cities are going broke in spite of what appears to be economic development and growth.
As an engineer, I once had property owners turn out en masse to oppose a project I was working on that would fix their potholed street and broken sidewalks. Find out why—and one key policy change that might have led to a different response.
My hometown of Plano, Texas is the midst of a bubble. Everything seems fine! Taxes are low. The city provides great services. It has an AAA bond rating. The music is still playing, and therefore everyone must remain dancing. But we have a looming problem: staggering long-term infrastructure liabilities that we haven’t even fully accounted for.