notices that his city of Mankato has a newspaper with strange notions of public goods:
Here's a common refrain in our local newspaper. Step 1: public supposedly wants good. Step 2: the private sector won't provide it. Step 3 ???? Step 4: get the taxpayer to provide it.
The object of the Mankato newspaper's desire is a water park.
They are also expensive. The private sector can, in some cases, justify building a water park � particularly as part of a hotel project. But there are few cases where a large publicly available water park can be built and operated as a profitable private venture.
Mankato editorialist, meet Summerland
. Right here in lil' ol' St. Cloud. Not a hotel in sight out there on the outskirts of town. Now certainly some towns will build water parks because they have lots of tax base (take Becker
, for example) but in general, remember Steven Goldsmith's Yellow Pages test
: If you can find a service provided privately in the Yellow Pages, you don't need government to provide it.
Labels: economics, Minnesota, St. Cloud, taxes