Repairing roads worth the cost

POSTED: 01:30 a.m. HST, Feb 27, 2013

~~<p>Fiscal policies are changing significantly from former Honolulu Mayor Peter Carlisle to new Mayor Kirk Caldwell, but that doesn't mean extravagant. Carlisle scorned the idea of the city borrowing money, but Caldwell makes sense in proposing to take out a loan at low rates to repave the city's distressful streets.</p>
<p>Carlisle took pride in his "responsible," conservative budget, "clamping down on new projects that we can't afford to build." He was fond of saying about the fiscal restraint: "If you've got a credit card and you keep on using it, it's not going to get you out of debt."</p>
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Fiscal policies are changing significantly from former Honolulu Mayor Peter Carlisle to new Mayor Kirk Caldwell, but that doesn't mean extravagant. Carlisle scorned the idea of the city borrowing money, but Caldwell makes sense in proposing to take out a loan at low rates to repave the city's distressful streets.

Carlisle took pride in his "responsible," conservative budget, "clamping down on new projects that we can't afford to build." He was fond of saying about the fiscal restraint: "If you've got a credit card and you keep on using it, it's not going to get you out of debt." Login for more...