A city-subsidized restaurant in downtown Raleigh closes, costing taxpayers at least $400,000. Why was Raleigh offering a subsidy to a restaurant? Because city leaders decided after putting in a new convention center and spending $10 million on a Fayetteville Street makeover, that a white-tablecloth restaurant featuring “low country” cuisine in the area was a necessity. JLF’s Michael Sanera explains more.
Could this sort of thing happen in Charlotte? Absolutely, now or in the future, near any light rail/commuter rail/street car stop.
