Could it be that part of the current ‘crisis’ is the result of overbuilding of this or that?
Drive around your community. In ours, at the four corners of crossing streets one commonly sees more than one gas station or drugstore. Strip malls are…everywhere.
Mega malls are popping up…in really convenient places.
Car dealerships are legion.
Restaurants are built; abandoned; and reoccupied. Or not reoccupied.
Huge housing complexes are, or were, under construction all over.
Can it be that we have created a service infrastructure that is just not needed, that the negative financial fallout now is reaction?
Did one political party, especially one, decide that it was good policy to sell homes to folks who could not pay for them and made it possible, even attractive, for banks to carry out this insane policy???
You think?
Guess which party.
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