Quote Originally Posted by Honky Tonk View Post
Had the auto industries been allowed "To Go Under", and thousands upon thousands of Detroiters, Lincoln Parkers, Bloomfield Hillers, etc., both directly in the auto industry, and auto industry OEM related fields, had lost their jobs, do you really think Dan Gilbert would have built storefronts for expensive cufflink shops? Do you think Mike Ilitch would have built a new Coliseum, or made due with the one he had? Do you think the City elite would have subsidized a Blight Rail? I think we would have been lucky to get lead tainted water from the Governor. That is those of us left who hadn't sold their homes for pennies on the dollar, or let them lapse into foreclosure, as we moved out for greener pastures.
Exactly. Gilbert's investments don't exist in a vacuum, they are very much the result of the region getting healthier post bailout and post recession.