South DaCola

Bloomberg gives Sioux Falls some love

While this article gives kudos to our massive growth (mostly in people) and talks about taxpayers investing in business, what the article doesn’t mention is the massive separation of rich and poor and how the two largest growth groups are those who make over $100K and those who are living in poverty (working poor).

I will still argue that growth for growth’s sake will eventually bite us in the rear. We are already seeing this in our school system that has almost half of it’s student population on FREE or reduced lunches and the fast and steady growth of our food banks and homeless shelters.

So while growth does help to produce NEW wealth, it also has a see saw affect on the poor.

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