"We keep hearing that the car industry in Detroit is “on the rebound” or that “Detroit is back.” In fact, the city itself is on its back, and it’s bounding toward bankruptcy or a state takeover. How did one of America’s most storied cities land in this predicament? While the city population has shrunk (from a peak population of 1.8 million in 1950 to 714,000 in the last census), it has hardly reduced the government that serves it. All you really need to know about Detroit, which is facing a $327 million budget gap, is that last year it was discovered to still be paying for a “horseshoer” (or farrier) on the Detroit Water & Sewer Department (DWSD) payroll. This individual costs some $56,000 in pay and benefits, despite the city not having any horses to shoe in his department."......................
Old article but still a good source and I think the Motor City is foreshadowing for Obama's America. You can't give government jobs to all the unemployed.
Thomas Sowell: There are no solutions, just trade-offs.
