Despite Bankruptcy, Detroit Subsidizing New Red Wings Stadium
Detroit is bankrupt, but that isn’t stopping the Red Wings from getting $400 million in taxpayer subsidies for their new stadium.
Bailing Out “Detroit” Didn’t Save Detroit, But It’s Not Clear Anything Can
Just as the auto industry has, painfully, had to learn to adapt to a new world, the city will as well even if that means becoming a shadow of its former self.
Detroit Files Largest Municipal Bankruptcy In History
In a move that was perhaps inevitable, the City of Detroit has filed for Bankruptcy Court protection.
Second Quarter Growth Revised Slightly Upward, Still Below 2%
Economic growth is the key to fixing many of our problems. Unfortunately, we’re not likely to see the kind of growth we need any time soon.
