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I hope the best for Detroit MrFarstrider Send a noteboard - 21/07/2013 06:21:36 AM

Unfortunately, I don't know if their low revenue issues will allow for low corporate and industrial taxes that would be required to bring new jobs to Detroit. Bankruptcy will wipe out a lot of the debt but won't fix the revenue and spending issues they have. This is a temporary solution that will allow them to keep the lights on but longer term solutions are needed to bring employment to that area.

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Case study of liberal policy - Detroit files for bankruptcy - - 21/07/2013 05:24:55 AM 888 Views
I hope the best for Detroit - 21/07/2013 06:21:36 AM 518 Views
If they can't bankrupt in federal court it won't even do that. - 21/07/2013 06:42:43 AM 574 Views
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A sad little man clinging to his partisan view of the world..... - 22/07/2013 03:12:55 AM 504 Views
That opinion piece is pretty dumb. - 22/07/2013 05:40:14 AM 662 Views
Civil servant labor unions are one of their biggest problems. - 22/07/2013 01:03:07 PM 525 Views
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Re: Seriously? - 22/07/2013 08:07:18 PM 513 Views
Yes, all Democrats. - 23/07/2013 12:29:46 PM 508 Views

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