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De Omnibus Dubitandum - Lux Veritas

Saturday, October 5, 2013

Detroit is Financially Bankrupt because it is Morally Bankrupt

Written on Friday, October 4, 2013 by David L. Goetsch
If you want to see America’s future, look to Detroit. Detroit’s unhappy state of affairs presents a microcosmic view of where America is headed. The liberal media, when it covers the Detroit debacle at all, views the situation as a financial disaster, one that could have been prevented and can still be solved by more government spending. However, an objective observer of Detroit’s current condition will reject the more-government-spending solution out of hand. Trying to solve Detroit’s problems by spending more federal dollars would be akin to trying to fill a bottomless pit by throwing dollar bills down it.
Yes, Detroit has financial problems, big ones. But these financial problems are just symptoms of a much larger problem. Detroit is financially bankrupt because it is morally bankrupt. Corrupt and city officials—all Democrats—have driven the city into financial and moral bankruptcy. Here is what John Stossel has to say about Detroit’s problems: “All of Detroit’s mayors since 1962 were Democrats who were eager to micromanage. And spend. Detroit has the only utility tax in Michigan, and its income tax is the third-highest of any big city in America (only Philadelphia and Louisville take more, and they aren’t doing great either)…Detroit in 2011 had around twice as many municipal employees per capita as cities with comparable populations.”  Read more at

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