Attention, Jim Goad:
So your issue with Detroit isn’t the decline of American manufacturing, nor is it corrupt myopic conservative state politics, or even more corrupt myopic ‘liberal’ city politics.
It isn’t even the car companies getting a huge taxpayer funded bailout at the expense of their labor force, while the city is left to fend for itself.
The answer is demographics, i.e., black folks?
OK, so what of New York City circa 2008? The largest financial meltdown in the history of the nation is engineered from boardrooms in NYC. After skimming massive profits for themselves for years the economic house of cards falls.
No arrests are made, no fraud charges levied by our corrupt Attorney General even as pension funds, insurance interests and venture capitalists leave their shareholders holding the bag. The banks and related institutions are instead bailed out by our corrupt federal government to the tune of one trillion dollars of taxpayer money. The lowest estimates of the amount of lost revenue was about 5 trillion dollars, with many experts putting the number higher, some as high as 12 trillion dollars.
Massive unemployment ensues even as conservatives continue to gut social programs. Prices continue to rise on basic goods like gasoline, not because of natural market forces, but because of speculation by, you guessed it, the financial industry.
If NYC had to pay its share of that, emergency response time would be never, every street light would be out, no schools or hospitals would be open and Gotham would resemble a scene from Mad Max. Detroit would look like St. Tropez by comparison.
That never came to pass because of the obscene links between big business and our government that comes to these capitalists’ aid with taxpayer funds whenever they snap their greedy fingers. But what if the Apple actually had to pay the costs of their own mismanagement? Why is it not fair to call that demographics, too? The demographics of rich educated folks. The demographics of rich educated, and overwhelmingly in this case, white folks. Or do they get a pass from the curse of “demographics” when it comes to lining their pockets at our expense with no threat of punishment?
That’s exactly what that big government socialist Adam Smith had in mind when he wrote that, “when business is left unbridled, the spirit of enterprise is apt to lead to outrages, and these to reprisals and wars.”
Detroit is getting it this year, but over the next decade American cities will all start to fall one by one and in Georgia where you live Sherman’s March is going to be seen as very benign indeed by comparison.