Detroit 2019 +

[Pat001]

The city needs a better revenue stream in 2019

- Just because it's """balanced"""" a budget don't mean much
Hardly any in = hardly anything out,
but it's balanced, is a piss poor attitude for the future.

All those tax breaks for PoleTown worked soooo wonderfully

https://www.citylab.com/equity/2018/...utdown/577678/

The plant is only 33 years old,
and GM spent $121 million to renovate it less than five years ago

STILL want to bet on Auto for Detroit - you are a FOOL !!!!!!!!!!

It's not just Detroit - the whole state needs some other revenue stream other than the Big Three. The Big Three have been in terminal decline for decades. When not demanding tax breaks, they are offshoring jobs, dropping product lines, abandoning markets and selling off pieces of themselves to raise cash. The ripple effect of that decline, plus NAFTA, has cost the state something like 800,000 jobs.

While the Big Three have closed plants in Michigan [[and elsewhere), foreign auto makers have built more than 20 auto plants in the U.S. None of those foreign auto maker plants were built in Michigan. The big question is "why not?"

Furthermore, it’s not just foreign auto manufacturers avoiding Michigan. Boeing recently built a huge new plant in the Carolinas. Airbus will soon be building airliners in Alabama. Someone needs to ask why not Michigan?