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.
Tampa has an epidemic of leaking and bursting pipes. But don’t worry, the city’s taking action! …by proposing an eightfold increase in the amount it spends on maintenance for the next 20 years, half funded by new debt. How did we get to this point?
South Florida is known for its luxurious lifestyle and extravagant beachfront homes. These mansions must reel in big bucks for the city, right? Let’s see how productive they really are when we #DoTheMath.
Would you rather have a pizza, or the ingredients of a pizza arranged in separate piles? This analogy has something to teach us about the consequences of how we organize our cities.