How Jerry Brown got one right
Steven Greenhut: Here is my new column from Bloomberg revisiting Jerry Brown’s redevelopment victory. Actually, it’s a rare victory for all Californians given the need to shut down these abusive and wasteful agencies. From the piece:
Many cities also used redevelopment to build new downtowns, which sometimes meant using eminent domain, or the threat of it, to level the old ones. In the best-run cities, redevelopment subsidized chain stores and paid for some infrastructure projects — in the worst ones, it gave central planners the power to run roughshod over property owners, to ladle out corporate welfare and to impose their vision on communities with little public oversight.
FEB. 24, 2012
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