Bailouts National and Local


A post at the Wichita Eagle Editorial blog titled Either way, taxpayers will pay for failing GM illustrates how when government and business become highly intertwined, a self-sustaining behemoth is created that can’t be slain.

We say an example of this locally this year in Wichita, when a taxpayer subsidy to a development turned out to be underperforming. The solution? Pump more taxpayer money into a failing project. See Wichita and the Old Town Warren Theater Loan.


Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.