This (city) is what 40 years of Liberal policy has wrought (gas price, Indiana)
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The problem with GM is when they had cutting edge technology that would have put them at the top of the world in electric cars, they sold the battery patent to Chevron! This is Capitalism at its finest and GM deserves to reap what the sowed by bad business decisions.
Lets face it everyone, Detroit didnt die due to unions, or management, it died because the politicians couldnt convince other industries that it was a place companies would want to do business ..
Why would anyone think the auto companies wanted new industries moving in to compete for employees. The unions and the industry were two sides of the same failed oligipoly.
Detroit was based around the car industry, they made ****ty cars, people realized, stop buying them, and behold, the city died. It really is that simple.
Why would anyone think the auto companies wanted new industries moving in to compete for employees. The unions and the industry were two sides of the same failed oligipoly.
What? How can the auto company stop private businesses from moving into a neighborhood, especially with vacant space on every corner?
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Wasn't it 40 years of liberalism, government interference and socialism that finally brought the "industry" down?
Not at all. In fact, one of the biggest realizations was how much government cow-towed to the demands of the auto industry, never forcing them to up their mileage and then helping to create the situation they're in today.
The industry grew gluttonous and stagnant without competition until the 80s. They were soaring in the 90s when the U.S. was prosperous, and only collapsed recently because gas prices suddenly shot up and nobody wanted big cars and then, just as at least Ford restructured and was ready to make profit, the economy collapsed.
The video should have contrasted the city with it's overwhelmingly Republican suburbs. My wife grew up in Bloomfield Hills which is one of the richest communities in America. The residents of all these well-to-do suburbs ringing Detroit are forced by the Democrats in control to pay more taxes so that inner city schools can graduate 25% of their student body.
Could you please cite where suburbs are taxed to pay for city schools? You may be right, but in my experience the suburbs drew a line and refused to do anything for the city - much less pay their taxes. Maybe it's changed, but suburban Detroit has some of the best school districts and private schools in the country because their taxes stay home.
And, to compare a bunch of rich people eager to protect their money to impoverished people desperate for a leg up is a little unfair.
Might as well compare thriving, highly educated liberal towns bursting with innovative industry like Ann Arbor, Austin, or Madison to impoverished rural conservative towns in perpetual poverty.
Both comparisons are absurd since they are simply different animals.
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