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Detroit is circling the drain

Discussion in 'Society and Culture' started by MemphisMark, Feb 20, 2013.

  1. Greg

    Greg Full Member

    Maybe my math is illogical but... That seems to say that your average American has a debt share of $53,200 (plus any share of their city debts) but the average Detroit citizen has a debt share of $20,000 plus $53,200 = $73,200. So you can argue that Detroit is 2.5x better but I disagree.


    Detroit's population and employment have collapsed, yet many of the debts and expenses are not proportional to the population, particularly all the pension obligations. They've reached the point similar to a business that is running at a loss. Of course bankruptcy is inevitable. The only question is what to do about it. If anything. Maybe the problem will solve itself, like if everybody leaves Detroit. Of course that would never happen although many more could flee. At some point the city will become incapable of providing essential services (like police and fire) and the National Guard will probably be sent in.

    Then there's the problem that if Detroit is allowed to go bankrupt and receive federal aid, there's plenty more cities that will be standing in line to be next. I sometime wonder if the whole state of California is headed for bankruptcy at some point in the future, the way the idiots in Sacramento spend money.
     
  2. ethics

    ethics Pomp-Dumpster Staff Member

  3. Greg

    Greg Full Member

    I heard one interesting proposal that would turn Detroit into an illegal alien amnesty zone where INS would not pursue illegals if they move to Detroit and get jobs and contribute to Detroit's economy as workers and consumers. They could be rewarded with legal resident alien status after meeting some set of criteria, perhaps if they maintained a satisfactory employment record and paid income taxes for some period of time, perhaps 5 years.
     
  4. MemphisMark

    MemphisMark Old School Conservative

  5. Biker

    Biker Administrator Staff Member

    You can die, they just can't make it official. :yellowlaugh:
     
  6. Arc

    Arc Full Member

    Detroit has started a program to demolish 4000 homes, (yes 4000), throughout the city that are abandoned and in disarray. Besides the blight they are a magnet for squatters, homeless, and a criminal element. In the short video describing and showing what's being done there is are a couple of comments my a man who is one of the neighbors in an established neighborhood that besides the normally occupied homes there are a lot of the type homes targeted for demolition. His comments are both sad and encouraging. Sad about the conditions that are causing the demolition. The affect the bad homes had on the neighbors and neighborhood, but encouraging about the positive affect on the neighborhood the demolition is having.

    http://video.foxnews.com/v/2637681018001/detroit-to-demolish-4000-abandoned-buildings/
     
    ethics likes this.
  7. dsl987

    dsl987 Member

    They really need to shrink the size of the city to limit their service area. Heard they were bulldozing whole neighborhoods on the outskirts of town and turning them back to farmland.
     
  8. ethics

    ethics Pomp-Dumpster Staff Member

  9. Copzilla

    Copzilla dangerous animal Staff Member

    Taxing higher and higher: City leaders tried repeatedly to reverse sliding revenue through new taxes. Despite a new income tax in 1962, a new utility tax in 1971 and a new casino revenue tax in 1999 — not to mention several tax increases along the way — revenue in today’s dollars fell 40% from 1962 to 2012. Higher taxes helped drive residents to the suburbs and drove away business. Today, Detroit still doesn’t take in as much tax revenue as it did just from property taxes in 1963.

    ---

    The Democrat way. It's not about prosperity of the public. It's about control by the government. And if you're not making enough tax money, raise taxes. And if you decide to do something else, another program, raise taxes again to pay for that. And again, pay for something else. It's the answer to all.
     
  10. ethics

    ethics Pomp-Dumpster Staff Member

    I thought this was superb example of what happens when you use taxes as a boa constricter on the populace. People run to where there's less of it, leaving you with people on subsidies. Good luck supporting yourselves, freeloaders.
     
  11. Allene

    Allene Registered User

    I read it yesterday. Wouldn't you think that Washington would see a parallel between Detroit and the country as a whole?
     
  12. Biker

    Biker Administrator Staff Member

    Any surprises here?

     

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