Its so cold in the D

[r00t]

newsflash the entire country and every single individual state except like 2 is in debt and totally bankrupt

[Malice_Mizer]

Originally Posted by Tiddlywinks [You must be logged in to view images. Log in or Register.]

Unemployment = no income.
No income = no taxs/people leave.
People leave = less possible taxs to collect.
Less taxes = less services.
Less services = people leave.


Meanwhile the city still had pensions and other obligations it owes from when there WERE a lot of people there.

Lots of obligations + mismanaged money + low taxes = bankruptcy.

It's a vicious cycle, and Detroit will not be the last to go through it. The entire country needs a good rightsizing at some point.

Most succinct explanation of urban decay I think I've seen. It is indeed a vicious spiral. A city has to reinvent itself economically when it launches into that cycle, and very, very few cities are able to do that.

[Arclyte]

brown town

who the fuck wants to live in detroit

[Soandso]

Originally Posted by Malice_Mizer [You must be logged in to view images. Log in or Register.]

The historical run down of the economic situation in Detroit:

Black people started getting political control in the 70's with Coleman Young (elected first black mayor in 1974). White business owners fled the city for the suburbs, partly due to racialized fear of, "Well, there goes my city," partly due to a progressive agenda of these leaders to help the destitute poor that had been neglected for years. Detroit is left with a hollow victory for black leadership, as a vast majority of the economic power is now out of the city limits. Suburbs of Detroit are doing exceptionally well. The city itself is a fucking warzone.

Many cities have a similar story.

Why do you always have to make everything about race? "Black people started getting political control in the 70's with Coleman Young (elected first black mayor in 1974). White business owners fled the city for the suburbs..."

This is so far off fucking base and the typical race war bullshit you people still try to dredge up. How about you look up some actual facts and find out that "Detroit lost a quarter-million residents between 2000 and 2010." Yeah not the fucking 50s 60s or 70s it was the fucking 2000s and this is mostly because the auto industry going bellyup which was the only thing keeping the city afloat. Not because some white people were scared of black mayors and left in the 70s or whatever the fuck you said. God such fucking ignorant bullshit. Now the city is starting to get somewhat better but it is in such dire straits because so many taxdollars left and something that New York state should take into account.

[Psionide]

When I saw the D I thought this was about it being cold in Dallas. There is only one big D and it's not Detroit.

[Tecmos Deception]

Originally Posted by Psionide [You must be logged in to view images. Log in or Register.]

When I saw the D I thought this was about it being cold in Dallas. There is only one big D and it's not Detroit.

If Dallas doesn't have a video as cool as http://www.youtube.com/watch?v=aktLRiWXfqg, then it has absolutely no claim to be "the D."

[r00t]

The pension nightmare that is at the heart of the horrific financial crisis in Detroit is just the tip of the iceberg of the coming retirement crisis that will shake America to the core.

Decay and collapse imminent.