Was Greensboro’s electorate provided enough relevant information to determine whether $155,000,000 of new debt approved by voters in 2008, not including interest, was in the best interest of the city’s finances?

Human beings are…of two persuasions,

the first would spend tomorrow what they earn today,

the second would spend today what they hope to earn tomorrow.

 

From this…arise all conflicts that lead to economic crises,

to panics, depressions, violent and revolutionary transfers of wealth,

and perhaps most wars.

 

Freeman Tilden