10 years ago, PennDOT promised that two new highway ramps in Chester, PA, would produce “an explosion of economic development.” Now, the city is filing for bankruptcy.
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As the Lincoln Institute of Land Policy launches this new campaign, let's hope that they resist being just another member of the Infrastructure Cult and instead become real advocates for a stronger America.
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How can we best invest cheap money? With a Strong Towns approach to debt centered on true investments which pay a measurable return and legitimate cash flow in a city that understands its true balance sheet.
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We're all Detroit. The sooner we realize it, the sooner we can commit ourselves to building a nation of strong towns.
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