We Need Productive Growth.
The biggest problem America faces is not a lack of growth. What we lack is productive growth, growth that actually builds our wealth over time. Productive growth makes a place better with age.
The following video explains what productive growth looks like and how we can achieve it. It's part of a series called the Curbside Chat. If you've been a member of Strong Towns for a while, you're probably familiar with it. If not, it's time to acquaint yourself.
"The biggest problem in this country is not a lack of growth, what we lack is productive growth." This is the fourth video in our Curbside Chat series, an eye-opening presentation explaining why cities of all kinds are struggling financially and how we can work to change things for the better, one block at a time.
View the whole Curbside Chat here.
This video was created by Gracen Johnson.
Elected officials across North America are grappling with budget shortfalls and financial uncertainty. Pasadena, California is only one example. Last year, their expenses increased by 13.8% but revenues only rose 0.6%. If things are going to improve, city officials need to take a new approach.