Quote:
Originally Posted by Chaps
A quote from Fiacco that needs to be tattoo'd on the forehead of so many people. (referring to the cost of the new branding)
"It's the cost of doing business. Cities who do nothing, get nothing.''
Regina for a long time was a city that did nothing, and got nothing. It's unfortunate that there are so many "smart people" who are okay with that.
It's about time Regina started being a leader and doing more than just the bare minimum. Hence why the GTH and the stadium are such refreshing projects.
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I disagree. It's the same myth that you have to spend money to make money.
Sure, sometimes. Maybe spending $400,000 on new lighting will save $200,000 per year in electricity. That is easy to grasp.
But sometimes spending is just blowing money on frivolities and ego enhancement.
Considering the specious "logic" that 10 new residents = $40,000 per resident in clear profit to the city, it certainly opens up big questions about the financial sense of this expenditure.
Let me ask... if he had spent $4 million on the new logo, would people be thinking it's even 10 times smarter? How about $40 million, is that 100 times smarter?
Sorry but spending money for the sake of spending money isn't a compelling business case. In fact if I'm an employer looking at relocating to Regina, I probably see evidence of wasteful spending as a red flag that I as a business owner am going to be over taxed to fund more vanity projects.
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