House of cards built on voodoo economics cheats the needy

Week of January 11, 2008

Cash-strapped local governments have miraculously found nearly $2 billion to finance a bundle of pet projects, the first of which, a baseball stadium, comes up for a county vote this week.

Plans like a Port of Miami tunnel that were impossible to fund are suddenly to roll in money — and new projects are being shoved onto the list on the back of this alleged windfall.

Some are worthwhile, others boondoggles. But there’s plenty for all, we’re told, so why worry about which have merit and which will become future public burdens of the sort we’re all too familiar with?

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