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Urban Problem Bigger Than Detroit

AmIBlue Wrote: Mar 25, 2013 10:50 AM
Absolutely!

We are now hearing the usual voices of protest in Detroit in the wake of Michigan governor Rick Snyder appointing an outside expert to take over financial management of the near-bankrupt city.

Detroit is the largest city in American history to be seized in this fashion and turned over to an outside manager.

Reported deficit of the city is $327 million dollars and long-term liabilities are in the range of $14 billion.

But no matter to the unions, politicians, and bureaucrats who have been at the helm for years as the city has spiraled into the depths of the black hole...