A city pushing itself as a destination for businesses, tourists and investors couldn’t ask for a better introduction.
For a city whose national and international image was shaped shaped forever by a 1980s television show that leaned heavily on prostitution, drug-trafficking and at least one shootout per episode, it’s a re-introduction money couldn’t buy.
And for a mayor running for re-election, it’s the kind of headline campaigns dream of.
A comprehensive 2,300-word article on the website Newsmax this week touts the city of Miami’s success in surviving the housing and financial crises of the late 2000s and paints a picture of a metropolis moving into the future.
For credit, the headline says it all: “Miami’s Back, Thanks to Its Mayor and Pro-Growth Policies.”
The article begins with Miami less than 10 years ago – a city that could well have been on the road to Democrat-governed Detroit-style disgrace, beset by financial problems and struggling with municipal union contracts driving it into the poorhouse.
It ends with Republican Mayor Tomas Regalado describing a future for the city that includes its continued iconic status as a tourist destination, but also as a magnet for investment and fertile ground for a technology-based industry.
In between it describes the steps Regalado’s administration has taken between those points, beginning with curbing rapacious spending on the city’s municipal unions and lowering the salaries of city employees making more than $40,000 a year and reducing taxes while maintaining services to foster a business-friendly environment.
In short, it’s conservative, Republican governing principles in operation.
“I thought that by reducing taxes, you would bring new investment into the city of Miami and it happened. People are moving back,” Regalado tells Newsmax. “The message is very clear: You reduce taxes, people will come because it’s a good investment.”
Greg Fagan, of Schaefer and Fagan Consulting Engineers in Palm Beach County, said the Newsmax article described the ideas that will fuel growth well beyond Miami.
“I thought it was worthy of communicating how conservative principles and fiscal responsibility can change the dynamic,” he said.
“Additionally, the investment dollars and foreign capital being brought into the Miami region of which Palm Beach Counthy is part, is putting Palm Beach County back on the radar screen for real estate capital investment. So Miami is now helping [Palm Beach County] attract investment capital.”