Friday, July 19, 2013

1960

In 1960 Detroit had the highest per capita income in the whole of the USA. More millionaires than anywhere. The African American community was the most affluent in America. It was the epicenter of prosperity. It was the envy of the other 49 states in the union. Today it is half the size it was then, broke and dying. Why? People began to object to the high taxes and bad governance and voted with their feet. They left. Detroit only had people who looked to others for their supply. Now there's no one left to pull the load. That is why people are fleeing Chicago for the same reason. IF I could buy a house and afford the taxes in the city I would move there. But for a house like mine in Chicago the taxes would be 18,000 per year. And it's not even a fancy house. This is what bad governance does. Those who are suffering now in Detroit are victims of the choices they have made for generations at the ballot box. 47% of the current residents remaining in Detroit are functionally illiterate. At one time the head of the school board bragged he couldn't read or write. Even Robert Reich knows...

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