Showing posts with label Mark Steyn. Show all posts
Showing posts with label Mark Steyn. Show all posts

Saturday, August 10, 2013

Like It Or Not, Detroit Is Our Future

This is a concise summary of what went wrong in Detroit. In short, they overspent.

Detroit did not collapse overnight. It was a free fall that took decades to hit the ground. But hit the ground she did. Bankruptcy surprised not one person, not even the habitual practitioners of self-delusion.

America is on a Detroit trajectory. Everyone knows it but not everyone acknowledges it. Facts suck.

FIFTY YEARS OF RUINATION DESCRIBED IN 13:57