Over the past 75 years, Buffalo, New York, has gone on a long downward spiral of deterioration and depopulation. Instead of pumping money into this failing city, legislators should focus on helping its people, writes Edward L. Glaeser.
"At the onset of the Great Depression, Buffalo had 573,000 inhabitants, making it the 13th-largest city in America. In the 75 years that followed, this once-mighty metropolis lost 55 percent of its population, a decline most dramatic in its blighted inner city but also apparent in its broader metropolitan area, one of the 20 most quickly deteriorating such regions in the nation. Twenty-seven percent of Buffalo's residents are poor, more than twice the national average. The median family income is just $33,000, less than 60 percent of the nationwide figure of $55,000. Buffalo's collapse-and that of other troubled upstate New York cities like Syracuse and Rochester-seems to cry out for a policy response. Couldn't Senators Hillary Clinton and Charles Schumer use their influence on Capitol Hill to bring some needed relief?"
"The truth is, the federal government has already spent vast sums of taxpayer money over the past half-century to revitalize Buffalo, only to watch the city continue to decay. Future federal spending that tries to revive the city will likely prove equally futile. The federal government should instead pursue policies that help Buffalo's citizens, not the city as a geographical place."
Read the full story: Can Buffalo Ever Come Back?
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