> We're talking about local politics. You don't get to consider the realities of the market, just the realities of the political situation.
It seems like your argument is not that good policies don't exist but rather that people are too stubborn, apathetic or corrupt for them to be enacted. But that isn't a policy argument, it's a self-fulfilling prophecy.
> Every city on that list besides Milwaukee and Washington, D.C. has an underfunded pension plan.
That doesn't mean they're bankrupt, it just means they're going to have to reduce spending or raise taxes (or run a deficit). And a municipal fiber project is self-funding through subscription fees. All the city's finances are relevant to is the interest rate paid on the bonds.
It seems like your argument is not that good policies don't exist but rather that people are too stubborn, apathetic or corrupt for them to be enacted. But that isn't a policy argument, it's a self-fulfilling prophecy.
> Every city on that list besides Milwaukee and Washington, D.C. has an underfunded pension plan.
That doesn't mean they're bankrupt, it just means they're going to have to reduce spending or raise taxes (or run a deficit). And a municipal fiber project is self-funding through subscription fees. All the city's finances are relevant to is the interest rate paid on the bonds.