Bush Has A '60s Flashback
19 May 2005 - 5:00am
The Bush administration is backing away from urban programs that Republicans of a generation ago supported.
Federal urban policy has an odd way of evolving, as evidenced by President Bush's plans for the Community Development Block Grant and Section 8 housing programs. Bush's plan to re-establish federal control over community and economic development programs "represents an eerie mirror image of the Johnson administration's original vision of urban aid."
Source:
California Planning and Development Report, May 18, 2005
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Even if the report overestimates the costs by a factor of two and underestimates the tax-benefit by a similar amount, the conclusion would be pretty much the same: destination resorts cost local government and taxpayers money.
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