The problem is libraries got into the game of paying for first run titles. They started measuring themselves on checkouts and not what they provide for the community. Is the library really helping the community by overpaying for 50 Shades of Gray the week it comes out so all the soccer moms can read it for 'free'?

I'm not saying libraries shouldn't provide access to all types of books, but they could cut their costs considerably by waiting 6-12 months to stock the hot new book. Then they can use that money to provide other community services.