Bill Shaffer decries loads of debt held by local governments

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Dear Editor:

Hamilton County politicians of all stripes must be singing along with the late Tennessee Ernie Ford:

“You load 16 tons and what do you get?

“Another day older and deeper in debt.”

How else to explain that, in the last two years, Hamilton County’s own debt increased 66 percent even as Fisher’s debt went up 69 percent, Noblesville’s 50 percent, and even Westfield’s 30 percent?

Over in Boone County, Zionsville’s debt jumped 53 percent.

And, since mid-2022, the hands-down champion debtors in Carmel’s city government oscillated between $1.4 billion and $1.5 billion as they paid the minimum annual price to remain the Dukes of Debt.

And why not?

It isn’t their money.

Bill Shaffer
Carmel