From The Detroit Free Press By Way Of Via Media: ‘How Detroit Went Broke’

Full piece here.

Very comprehensive and easy to navigate.

‘Other cities also have profound problems today — Chicago, Providence, R.I., Baltimore. But only Detroit is in bankruptcy court.’

A sad tale that didn’t have to end up here:

Even by the late 1950s, the signs of strain were showing in industrial cities. Population and housing values peaked in Detroit in the 1950s and began their long and seemingly unstoppable decline. The urban riots of the 1960s, including Detroit’s, accelerated the process.

By the 1960s, in Detroit as in city after city, the process was well under way. And mayors and civic leaders, here and elsewhere, began their long, anguished battle against decline.

The more people that left, the more the city leaders raised taxes and drove more people out until it became a wasteland of decay, increasing mismanagement and corruption.

America:  Tackle your pension problems and municipal debt issues now to help avoid this cruel fate.  The pie needs to be growing.

See this piece from Urbanophile:

‘The last thing Detroit teaches us is that America too often doesn’t learn from its mistakes.  Detroit’s troubles have been evident for quite some time, yet it’s hard to see that many other post industrial cities have managed to carve out a different path.  Rather, they pretended that Detroit’s fall was somehow unique due to its auto industry dependence – and managed to ignore other failed cities as well – while embarking on the same turnaround strategy via conventional wisdom and silver bullets.

Another quote, this time from Ira Stoll:

‘Indeed, if there is a single fact that sums up the state of American political economy at the present moment, it is this: the Boston office building once home to Inc. Magazine and Fast Company, which chronicled and celebrated small and fast-growing businesses, is now the headquarters of a publication called “Compliance Week.”’

Will the tech sector fill the hole?  Fracking, low-taxes and new investment in industry?  An information and knowledge-based economy?

How close are we to drifting into a higher-tax, heavily-regulated, less dynamic, federally managed State of affairs?

Nationalized and potentially socialized health-care?

Take him to Detroit:


Some links on this site: Charlie LeDuff, Detroit’s populist, citizen journalist’s youtube channel here.  At least he’s sticking around.

Are you looking at beautiful photos and feeling sorry for Detroit, and yourself?  See Time Magazine’s photo essay by Yves Marchand and Romain Meffre (less porn-like, more thoughtful).

Hipster hope, artists, collectivists and small business types can’t save it either:  A Short Culture Wars Essay-Two Links On Detroit & ‘Ruin Porn’

GM is not a municipality, but good money got put in, probably after bad and it reeks of politics: From The Detroit News: ‘How The Treasury, GM Stock Deal Got Done’

What about the popular arts and culture?:Update And Repost-From Grist.Org Via The New Republic Via The A & L Daily: ‘Getting Past “Ruin Porn” In Detroit’…A Few Thoughts And A Tuesday Poem By Philip Levine

A garage sale for the city’s art? Virginia Postrel At Bloomberg: ‘Detroit’s Van Gogh Would Be Better Off in L.A.’From The Detroit Free Press: ‘DIA’s Art Collection Could Face Sell-Off To Satisfy Detroit’s Creditors’

Walter Russell Mead takes a look at the blue model (the old progressive model) from the ground up in NYC to argue that it’s simply not working.  Check out his series at The American Interest

From Bloomberg: ‘Detroit Recovery Plan Threatens Muni-Market Underpinnings’

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