Posted on | March 12, 2013 | 28 Comments
If you want to see the long-term effect of Democrat policies, there is no better example than the sad fate of the Motor City:
DETROIT — This city was already sinking under hundreds of millions of dollars in bills that it could not pay when a municipal auditor brought in a veteran financial consultant to dig through the books. A seasoned turnaround man and former actuary with Ford Motor Co., he was stunned by what he found: an additional $7.2 billion in retiree health costs that had never been reported, or even tallied up.
“The city must take some drastic steps,” the consultant, John Boyle, warned the City Council in delivering his report at a public meeting in 2005. Among the options he suggested was filing for bankruptcy.
“I thought all hell would break loose — I thought the flag would finally be raised,” Mr. Boyle recalled in an interview last week. But his warning drew little notice. “It was utterly astounding,” he said.
The Democrats who have run Detroit into the ground don’t care about anything but how much more money they can loot from the city:
Some factors were out of the city’s control. As auto industry jobs moved elsewhere over the decades, for example, Detroit lost much of its affluent tax base. Lower than expected state revenue sharing did not help, nor did corruption allegations in the administration of Kwame M. Kilpatrick, a mayor who resigned in 2008 and was convicted on Monday of racketeering and other federal charges.
But recent findings from a state-appointed review team and interviews with past and present city officials also suggest a city that over the years was remarkably badly run.
What? Democrats don’t know how to run an effective government? Shades of Jimmy Carter! I never suspected such a thing!