The Economist has a story on the city of Harrisburg’s fiscal mess, which has been years in the making.
Thanks to an irresponsible city council, Harrisburg is still stuck with a budget that does nothing to address its enormous debt burden, reckoned at $670m. It will have to make la-offs, as well as sell assets. The city is not known for wise investments. It once owned a minor-league baseball team, and a former mayor tried to build a Wild West Museum. Pennsylvania is known for chocolate factories, not cowboys. Little wonder then that debt per head in Harrisburg is $9,522: three times what it is in Philadelphia, the next-highest in the state.
For some solutions to this mess, city leaders should check our the video series Reason Saves Cleveland with Drew Carey, including this episode focusing on economic revitalization: