Media and Detroit
http://www.wnd.com/2013/07/why-motor-city-is-stalled/
http://www.guardian.co.uk/commentisfree/2013/jul/23/detroit-decline-distinctively-capitalist-failure
http://www.nationalreview.com/node/267900/print
Detroit maintains 13,000 government workers but has 22,000 government retirees burrowed into the body politic, and their health-care subsidies alone account for nearly $200 million of the city’s budget. Pensions alone already account for a quarter of city spending; in three years, they will account for half.#media #politics #detroitPensions and city workers’ health-care subsidies account for $561 per year from every resident of Detroit, which has a very poor population — average monthly income of barely $1,200 before taxes, a fifth of the population in poverty, etc. The official unemployment rate is 30 percent; the real rate is much higher.
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