I used the term "dime smart, dollar dumb" with an owner of a factory a little larger than the Ford's in Toronto. He refused to take my advice in spite of me pointing out how a capital investment would shield him against a downturn of the US dollar (which most of our sales were in). I left when our dollar started dropping (better job) and about a year later they were kaput, they would have survived had the investment been made but they had bigger wants, a Cessna for the son, a new home for the daughter etc.
Rub and Tug exemplify that same mentality, what they don't get is cities don't rise or decline overnight, their rise and fall is measured in DEACDES. Just look at Detroit, they failed to invest in the future during the auto hay days, they got lazy and expected there would always be a GM, Ford and Chrysler expansion around the block. They elected corrupt politicians who were all short term planners and the inevitable happened.
My current hometown K/W has avoided this, when RIM/Blackberry were booming they INVESTED in creating an environment to foster future growth, Blackberry is a shell of a company in comparison to what it was, thousands of layoffs, yet we thrive, because an investment was made.
People still grouse about city council building light rail etc but the growth is all where it was planned a couple decades ago and will continue to support that LONG RANGE PLAN.
P.S. We also built an expensive washroom, one to put Toronto to shame, $750,000, but it makes our central park family friendly and adds to the livability of our city.