Conservative Daily News "In his 2012 campaign for re-election, President Obama claimed saving Detroit as one of his success stories from his first term. He said, “We refused to let Detroit go bankrupt. We bet on American workers and American ingenuity, and three years later, that bet is paying off in a big way.” The auto industry was “saved” in skeletal fashion, and is working its way back, but Detroit proper became the largest U.S. city to file for bankruptcy last month. And what should be alarming to all Americans is that the policies and politics that controlled the city for the past 60 years are the same that are leading the nation today."
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One salient point the writer makes is this:
The trends that could not continue for Detroit were: steadily increasing city spending as tax revenue steadily declined, continued expansion in the size and scope of city government, and increasingly unrealistic benefit and wage concessions to municipal unions.
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