Detroit - bust

Discussion in 'Economics' started by Humpy, Jul 21, 2013.

  1. Humpy


  2. zdreg


    starve the government sector.
  3. Humpy


    You might have a point there. Perhaps public pay should be tied to results generally of the City or nationally for Fed workers etc... None of the old +3% a year regardless - oh no !! Bad years should see pay decreases which would also help the City's finances.

    As for the top hogs - well their salaries should be made to reflect success or failure of the City by City employees and of the State by State employees.
    I suppose the basic wage should be rock bottom for a City, State or Country doing really badly.
  4. tandh


    Detroit is an example of what happens when government is in control. I just hope Detroit isn't an image of what all cities in the US will turn into.
  5. Humpy


    They are talking about a national bailout of Detroit.
    Hardly fair that those who played the game well have to bailout a City that has failed. My guess is there may be a similarity with Greece. Too many on the state payroll, being paid too much. The financial rapists long gone elsewhere plus the money they took legally or otherwise.
  6. piezoe


    There are a number of countries where the government is very small to effectively non-existent. You would love living there.:D
  7. bau250


    <iframe width="640" height="360" src="" frameborder="0" allowfullscreen></iframe>

    They committed crimes against whites then lied for their "brutha," while electing racist despots like Coleman Young.
    2&#65279; million whites moved out of the city, that's no accident.
  8. zdreg


    do you live in some kind of vacuum to make a judgement of the stranger? do you know what factors are important to that person and what tradeoffs they are willing to endure. one thing i know about is you that you were unwilling to make the tradeoffs to live in the communist utopia of cuba and venezuela.
  9. ktm


    Nobody is talking about WHY and HOW the city came to be in this mess...basically 30+ years of the ghettos electing corrupt black mayors that stole from the city while lining their pockets.

    Learn from the past or be condemned to repeat it.
  10. Detroit isnt a capitalist city. Its a socialist.
    #10     Jul 22, 2013