Tuesday, July 3, 2007
Dateline Normal: "The Reverse Growth Rate or Declining Birth Rate Con"----Where Normal made their Big Mistake--Fiction
Well it has been sheer delight---two full days of fishing with Herman with that little 25hp Mercury motor. Clear skies. Just a slight breeze. And weather in the upper 60's. What could be better! Not a touch of cloudy weather in sight. WOW.
Last night, right after catching our limit of sunnies, and after a couple of tall cold ones, I just had to ask Herman the question of the moment:
How could Normal have calculated the lots needed for development at 9000? I did grant him a lot of moxie. He got the deal done real quickly. One 24 hour planning session and it was done for all time. Herman was a proud man. He said it was planned that way. I wondered. So I just asked:
"Herman, how did you come up with the idea that you needed 9000 plats for Normal to be developed?"
Herman just let out a huge bellylaugh.
"I knew you would ask, Wolfman. (That's what he always called me.) It's real simple. This was the one time we went outside our town to hire a contract planner to determine our needs. He calculated that since 1776, our growth rate was on average "x" and if we wanted to prepare for the declining birth rate of America, where less and less children would be in each home, just to keep even, we had to add 9000 lots.
"But Herman, I exclaimed, " Normal was only settled in 1899.
"Yup," Herman sighed. That was the big mistake. That planner was one moxie kinda guy----he simply pulled the wool over our eyes-------yes---- he pulled the reverse Freedom Fighters Dollar Averaging con-----I read about it in law school. It was really all my fault. It was one of the most famous cons of all time. I should have known."
"Ya just take the current growth, and in addition to the data, add the zeros back to the American Revolution, and then come up with all this "catch up demand" that necessitates immediate action. I am totally ashamed of falling for it.
I assured Herman that it was common for communites to fall for this con.
Thank goodness I am back in good old Wisconsin. Where even though we have hundreds and hundreds of unsold homes, we are not tricked by the backward averaging con from the American Revolution to justify busting a controlled growth plan.
Alleluia.
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