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A Hundred Percent of Nothing

Frank98 Wrote: Dec 19, 2012 9:21 AM
I'm sure 1/2 or more of the population are drawing unemployment ins, food stamps,WIC stamps and other government freebies. Sooo! This means the city is booooming.. OH? It's not? I thought I hoid a puddy tat, er scuze moi, I mean Nancyfrom Freako who said unemployment cheques and other guvmint benefits creates a roaring economy or woids to that effect.

JoAnn Watson, Detroit city council member, said, "Our people in an overwhelming way supported the re-election of this president, and there ought to be a quid pro quo." In other words, President Obama should send the nearly bankrupted city of Detroit millions in taxpayer bailout money. But there's a painful lesson to be learned from decades of political hustling and counsel by intellectuals and urban experts.

In 1960, Detroit's population was 1.6 million. Blacks were 29 percent, and whites were 70 percent. Today, Detroit's population has fallen precipitously to 707,000, of which blacks are 84 percent and whites 8 percent....