The point is that Ford did not slash its prices. It fixed its product. No more tail chasing.
Detroit is not competing against the suburbs. That mentality is quite pervasive in Michigan and is deeply flawed. Likewise, Troy or Canton isn't competing against Chicago or San Francisco.Detroits competition is the inner ring suburbs. Detroits competition is every other city on the planet. IF it fails to provide competitive services at competitive prices it it going to continue to fail. If it has cheap taxes and still has shitty services it is going to continue to fail. If it has competitive services at outragous prices it is still going to fail.
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