Wednesday, September 23, 2009

The Miami Herald Editorial: Growth is no way to sustain an economy! By Geniusofdespair

Well, at least the Miami Herald Editorial was good today. By the way, the title words are mine, not theirs. They said:

So, with construction and tourism being the mainstays of local economies, the drop in foreign immigration -- if it continues past the current recession -- could have a detrimental impact. Just one little blip in what has been a reliable constant fueling our growth shows how vulnerable South Florida's economy is to economic downturns.

The solution, of course, is to diversify the economy. That's going to have to happen eventually because South Florida simply can't continue to sustain itself on building more and more subdivisions. The bank of developable land is shrinking, for one thing. And resources, such as drinking water, must be conserved for future generations.


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