English: N1brick (Photo credit: Wikipedia) |
So our anchor projects are too employ a few people at base rates. It brings a few people to other peoples businesses in exchange for an inequitable public benefit, but it doesn't just fail there. If we,, as a city are to put a dollar down and everything on tick into these grand plans we have to internalise all the benefits.
If replacing and improving is worth doing for other people to profit from it, it is worth doing for us, for our benefit, for our children's benefit and not the shareholding 'returns' to otherwise foreign and/or distant enterprises.
English: Kilmore Street frontage of Christchurch Convention Centre. (Photo credit: Wikipedia) |
If WE cant do the latter, we shouldn't fund it... not until we are smart enough to realise money without brains values neither.