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Archive for July 20th, 2013

What They’re Not Telling You About Detroit’s Troubles

Posted by Phoenix Woman on July 20, 2013

Questions no one in the US mainstream press seems to be asking about Detroit’s predicament:

— If Detroit’s woes can be blamed on a shrinking tax base due to a broke and dying auto industry that conservatives insist needs to be left to rot, why then is Oakland County, which contains many lily-white auto executives, one of the ten richest counties in the US?

— What about the role of predatory lending in devastating Detroit’s middle classes?

— Why do the “solutions” commonly advanced to “solve” Detroit’s woes involve selling off everything that makes the city livable at fire-sale prices to already-rich greedheads in Oakland County and elsewhere?

— Why is nobody bringing up the fact that Michigan’s taxation system (which heavily emphasizes property tax) is a big reason why lily-white Oakland is able to prosper while Detroit is starved of revenue?

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