Detroit's Long Road to the Bottom
Understanding the Motor City's path to economic ruin.
How does anybody know they've cut 40 percent?
Sets mid-August deadline for all motions against bankruptcy declaration
Promises can't create money for a broke city.
Cannot break free of siren call of crony capitalism
Municipal corporate crony giveaways know no party affiliation
Detroit in 2011 had around twice as many municipal employees per capita as cities with comparable populations.
Crony capitalism and crushing regulations kill entrepreneurs
Set to determine whether it violates the state's constitution
There's nothing to learn from the failure of cities with high tax rates and oppressive bureaucracies! Don't be silly!
Say Detroit created the mess
Cities across the country facing similar issues
Like flushing money down the toilet
Says constitutional requirements weren't met, and it didn't honor the president. Really.
What with them already being so dependent on the feds
Complicated situation for the biggest municipal bankruptcy
Not that there was probably much to steal
Fueled by a 20 year low in homicides in New Orleans
No solution coming via Obamacare
Looking for fraud, corruption
Charged with involuntary manslaughter
The bankrupt city starts putting price tags on everything, considering sales or privatization
Detroit Institute of Arts has up to a billion dollars worth of assets
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