Quote of the day: Redevelopment Authorities (city planning)

"...RDAs [redevelopment authorities] operate in the most expensive way possible.  It is a fact that government, as an entity, is the least efficient way to do anything.  Witness the high-speed rail conflagration in California and the recent collapse of cities [bankruptcies] throughout the US.  For an RDA to use tax money to provide for development that should and could be privately accomplished with efficient and effective leadership simply inhibits growth.  Californians are now paying more than 65% of their income in [combined] taxes.  How can someone earning less than 7 figures survive on a disposable income that is 35% of gross?  The affordable housing crisis is a result.  Simply put, there is no private money left to invest.  It all goes into taxes, which are used to pay for unnecessary government programs, wages, and benefits.  The situation will get worse as the tax base declines when people decide they can no longer manage to live in California."                  - Joseph E. Herbert