Carmel Indiana is an example of focusing on <i>growth</i>.<p>* They didn't do austerity. The whole low taxes run the place on a shoestring wasn't the game. Carmel did not do extravagant government buildings until they were affordable, and paid for by the development around them. For a long time city hall was almost a re-purposed dentist's office.<p>* Carmel did not invest in poverty. Carmel pushed it out of town. Now it is extremely wealthy per-capita.<p>* People laugh at the sheer number of roundabouts, but those have had a huge effect on public health by reducing both the frequency of accidents and more importantly, most accidents are now lower speed with less damage to life and property.<p>Yes, Carmel took on a lot of debt. Yes, they invested that debt heavily in making Carmel a nice place to live and <i>work</i>. jim Brainerd, the mayor, knew one thing the article missed: if you are growing, the tax base is always expanding. Carmel was also extremely long-game focused on development: as bonds mature, tax abatements and incentives expire in a way that will enable rapid retirement of the debt.