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Tuesday, July 22, 2008

Just How Bad Off Is Detroit In Dollars?

Just how bad of is Detroit in a language we can all understand?

The Detroit riots of 1967 cost an estimated $50,000,000 in loss.

The current deficit for the district of Detroit is $400,000,000.

Thats a cost 8 times greater that what a race riot caused.

Detroit has no deficit reduction plan, no budget plan, no elected official even making note of this fact and proposing anything in the way of a solution.


Metropolitan Division Unemployment (Not Seasonally Adjusted)


In May, the Detroit-Warren-Livonia, Mich., metropolitan area posted unemployment rates: Detroit-Livonia-Dearborn, 10.2 percent.

Nationally, The number of unemployed persons was essentially unchanged in June, at 8.5 million, and the unemployment rate held at 5.5 percent.

In real numbers that means, everywhere else unemployment is 1 of every 20 people, in Detroit it's 1 of every 10 people.


Way to go Detroit and more importantly way to go citizens of Detroit, whom have shown incredible ignorance and bigotry in electing a totally unqualified Mayor and City Council solely on the basis of race. Your elected officials have sunk the city into a depression of economy only seen in third world countries.

You get everything you deserve.



Welcome to Detroit

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