Word: clevelandism
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...explosive growth, but now the practical limits to growth are in sight. The local debate over taxes (about to go up to cover nearly $300 million in city and county budget deficits), potholes and police layoffs sounds a lot like the sober municipal agendas of New York City, Cleveland, Pittsburgh. L.A. can no longer pretend to be a surfside boom town with a job for everybody. The metropolis, in short, is maturing...
Depressed states and cities are battling back to attract new companies with tax breaks and seed money. Cleveland is launching a $5 million venture-capital fund that will give money to new local companies. Cincinnati has put together a $15 million war chest. Illinois and Chicago set up a ten-story, low-rent "incubator building" in the city for fledgling firms. Last fall, when a group of electronics companies announced plans to launch a joint computer research center that would have an annual budget of up to $100 million, 57 cities in 27 states put in bids...
California 9, Cleveland...
Toronto 6, Cleveland...
...Cleveland 2, Kansas City...