The fallacious notion, that Urban Renewal offers any good, needs to be addressed. In a free market capitalist system using the term economic tool and government in the same sentence is oxymoronic. Promoting economic development with tax-increment financing is outside the proper role of government in America. In fact, tax-increment financing allows cities to steal funds that taxpayers think they have dedicated to services, in order to subsidize favored developers, increase municipal budgets, and socially engineer the way we live. This would be the equivalent of the economic component of fascism. This is not good, and has no place in our society/Councilman Steve Adams, letter to the editor, Coeur d'Alene Press. More here.

Thoughts?