Ken Wilson wrote:Steve H... Fair call. And I apologize for the particularly nasty things I said there at the end.
No problem with me, I've got really thick skin.
Ken Wilson wrote:The 'destruction' I was referring to was the economic meltdown. US manufacturers had put way too many of their eggs in the SUV basket and when gas prices went through the roof, people realized gas guzzlers were probably not the best idea. Had the American people and American auto makers had more foresight, some (obviously not all) of the meltdown could have been avoided. Diversification, and, particularly, work on efficiency could have saved the car makers, I believe.
The American auto manufacturers have been "dead men walking" for years because they're legacy costs make passenger cars unprofitable, and even taking a significant loss on economy cars. They only reason they've continued to make any of them is due to fleet average CAFE requirements. If you look at it this way, the profitable SUVs and trucks have allowed them to continue operating when they otherwise wouldn't have. SUVs saved the American car manufacturers, at least temporarily.
This is due to various factors including union wages, pension commitments, employee medical coverage, and predatory currency devaluations by our trading "partners". Unless the majority of these issues are addressed, the American car industry remains doomed, government bailouts or not.
Ken Wilson wrote:And another part of the economic crisis can be traced to the building of over-valued, badly financed big homes in new suburbs all over the country. True, a lot of other homes in a lot of other places were financed with bad sub-prime loans, but homes in city cores and older first-ring suburbs (like St Matthews) will rebound well. There are going to be huge developments far out, in places where farms and woods were destroyed, that may never be occupied and may be demolished (I'm not talking just about Louisville here).
Well, I agree with you somewhat. I don't think Louisville will be hit very hard. Our growth has always been moderate, so our corresponding contraction will be moderate.
Another fact you might not have considered is that the sub-prime mortgage craze was not limited to the so called McMansions in the suburbs. A lot of subprimes went to poor folks in the inner cities that wouldn't have otherwise been able to buy their modest homes. Another bunch of subprimes went to condos in inner cities and highly urbanized areas, places that you are advocating. A lot of folks in places like San Franscico, New York, and Miami are gonna be losing their condos. A huge downside of condos, IMHO, is that the remaining owners will often times be stuck with paying maintenance for their whole building, potentially causing successive waves mortgage defaults.
So, you can blame the credit bubble, and plausibly put some responsibility on the Fed, Fannie and Freddie, the Bush tax cuts, the Democrat driven Community Reinvestment act, the endless supply of cheap credit provided by investors in Europe, China, and Japan; but you can't blame the foreclosed McMansion. It is more of a symptom of the disease, not its cause.
Ken Wilson wrote:A lot of folks here confuse criticism with some kind of tyranny. That kind of reaction and thinking just ends discussion. Nope, I don't like SUVs. Deal with it.
No problems here. Live and let live.
Ken Wilson wrote:All this is totally tangential to my real and original thesis: that building more highways and bridges downtown will hurt the creative development of the city. A vibrant, attractive downtown is key to attracting smart, enterprising, artistic people, and attracting money to the area. Facillitating running in and out of the downtown area on wide expressways at the expense of the aesthetics of the downtown is not good for any part of Metro Louisville. A living, working population downtown, whether singles, DINKS, Yuppies or freaks, is a valuable goal. If we have outdoor cafes and hip bars and upscale, ethnic, funky restaurants and groceries and bakeries and department stores and drug stores...and maybe some adventurous families with kids... then the whole region benefits!
Making downtown full of concrete and poisons helps no one.
I'm all for downtown development. We may quibble about the details here, but I believe we are in broad agreement. I just think other areas of the city/county shouldn't be underfunded.
The way I understand it, the 8664 folks want to
replace the downtown stretch of I-64 with a surface street. I don't see how this adds any green space, or is more pedestrian friendly. Also, their animations never show any traffic. This new parkway will end up carrying as much traffic as Dixie Highway or Shelbyville Road, so I honestly don't see much advantage to it over just leaving the already paid for I-64 in place.
I'm not a big fan of the Spaghetti Junction redesign either. It seems like a lot of overkill. I think we could both get 90% of what we want by just completing the East End Bridge and the I-265 extension in Jeffersonville. The way I understand it (folks, correct me if I'm wrong), these projects where tied together with some politicing by the River Fields folks. Their hope is to make the whole combined monstrosity so expensive and complicated that
nothing would ever by built anywhere.