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Dear Editor:
Carmel isn’t the only Hamilton County city with a debt addiction.
Turns out Fishers is vying to take the lead in debt per household.
Fishers’ 35,747 households bear an average of $34,340 in debt or 29 percent of the median household income of $128,141.
Carmel’s 38,160 households bear an average of $38,641, or 29 percent of the median household income of $134,602.
This year, Fishers is scheduled to pay principal and interest of $91.5 million, and Carmel, $83 million.
The data comes from information the two cities provided the Indiana Department of Local Government Finance.
It looks like a neck-and-neck race to the poor house.
Bill Shaffer
Carmel
Wow! It’s a mini version of our National Debt! Who needs Tax and Spend Democrats when Republicans are spending like Drunken Sailors on Shore leave, and I mean no disrespect to the Sailors! We can be sure they are coming for more taxes and school referendums!
Fishers- too much debt. Too many employees, too many red trucks, too much equipment, too many services, too many flowers to maintain, too many parks and now agri-parks. Too much spending that cannot easily be reduced.