They should be happy if Walmart wanted to move there.
Any time a large business wants to move it, it’s a real positive. At the same time, you’ve just set yourself up for a massive negative too, if 12 years later they decide to move out.
If you manage the increased tax receipts correctly, you can plan for a loss of the revenue.
The problem these days is that nobody plans long-term. “Oh we’ve got this new money, well we should set up a long range project because we’ll always have this money coming in.” Well, actually no you won’t. At some point it will end.
Here in California, every time the economy heats up, the state comes up with great new ways to spend he increased income. They set up long range expenses, and then when the economy cools off, they are habitually head over heals.
It’s infuriating, because of course they have mired themselves into one expensive Leftist cause or another, and then we have to cut police, fire, libraries, hospitals... you name it because they can’t possibly lower the socialist programs.
You know all this, but it angers me and I needed to vent.