The thing is, Bridgeport's wounds are self inflicted
Reader comment on: Bridgeport Versus Greenwich
Submitted by John Carlton (United States), Jan 23, 2013 10:45
Bridgeport isn't dying because Greenwich is rich. I grew up in Greenwich, and it's been rich before hedge funds. The reason Greenwich is rich is because the Selectmen have kept the tax rate low enough to attract the people who would rather face the commute into New York rather than pay New York's taxes. The thing is that at one time Bridgport was also rich. Bridgeport was rich because of it's diverse and large manufacturing economy. That economy provided well paying high skilled jobs and provided a healthy tax base for the city to thrive on. Unfortunately Bridgeport elected a socialist mayor for decades:
There followed decades more of feeding off the government teat, creating ghettos, political corruption, and high taxes driving all the business out of town. That's why Bridgport is what it is. Not because of anything that Greenwich did.
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Other reader comments on this item
|⇒ The thing is, Bridgeport's wounds are self inflicted [143 words]||John Carlton||Jan 23, 2013 10:45|
|Good grief! [185 words]||Don C.||Jan 18, 2013 09:12|
|that must be a big house [24 words]||Dr Ben||Jan 18, 2013 01:26|
|Paul Kramer [14 words]||Paul Kramer||Jan 17, 2013 19:07|
|In Defense? [18 words]||David||Jan 17, 2013 17:24|
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