Before Beaufort County buys the Beaufort Commerce Park, a review of how the county got involved in the first place would help give a clear understanding of why we should or should not make this purchase.
My questions are:
This seems to be a perfect example of why government should not involve itself with private enterprise. It seems we are "robbing Peter to pay Paul" to afford this.
According to Kim Statler, if the county owned the commercial park, it could sell lots at a loss. Why should taxpayers take a loss and not private enterprise? If the public purpose to recruit businesses failed in the past during strong economic times, what makes the county think it will not fail in the future? Why put good money after bad?