PolicyGuy

Friday, May 27, 2005


The Meltdown of Detroit Continues
The City of Detroit is on the edge of a fiscal cliff once again. The mayor's unpopular for some problems stemming from his personal conduct, and the budget, $300 million short, will be balanced in part with cuts in public safety. Is this any way to run a city?

Meanwhile, there's already talk of whether the State of Michigan will take over the city. Says the Detroit Free Press,

"State officials may not want to take over Detroit's finances, but under state law they would not have a choice if the city falls into complete disarray. Under the state's Public Act 72, the state treasurer would initiate a review of a city's finances if the city defaulted on a bond payment or pension obligation, or if it can't pay employees or vendors."

Labels:


"Justice Louis D. Brandeis'?s metaphor of the states as "laboratories" for policy experiments ... had almost nothing to do with federalism and everything to do with his commitment to scientific socialism. .... To this day, it continues to inhibit a truly experimental, federalist politics." -- Michael S. Greve

Home
BlogMatrix