
The A(braham) Bomb
What Really Matters with Walter Russell Mead
The Doom Loop in Cities
City populations are declining in part because high taxes and declining services are make have made cities less pleasant. And that means you have a smaller and smaller tax base supporting this large number of retired workers, he says. So it's a people talk about the possibility of a doom loop in certain cities. Well, I hope we don't go there, but I think that we do need to take a very long hard look at the way city and state governments have spent their way into a very, very ugly situation. ordinary people are going to be the ones who suffer.
00:00
Transcript
Play full episode
Remember Everything You Learn from Podcasts
Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.