Reminds me of the Growth Ponzi Scheme: We've done this because, as with any Ponzi scheme, new growth provides the illusion of prosperity. In the near term, rev

Reminds me of the Growth Ponzi Scheme: We've done this because, as with any Ponzi scheme, new growth provides the illusion of prosperity. In the near term, revenue grows, while the corresponding maintenance obligations — which are not counted on the public balance sheet — are a generation away. https://www.strongtowns.org/journal/2016/11/7/the-infrastructure-time-bomb https://www.strongtowns.org/journal/2016/11/7/the-infrastruc...