Editorial Board
What Happens in Detroit Won’t Stay in Detroit
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In Detroit, a reckoning is near. A recent report from the city’s emergency manager on its deteriorating finances reads like a municipal adaptation of the Book of Revelation.
The city’s population has dropped by about a quarter since 2000. Its rate of violent crime is five times the national average. Fires are rampant. Streetlights don’t work. The budget deficit is nearly $380 million, while long-term liabilities may total more than $17 billion. Detroit’s emergency manager, Kevyn Orr, has even considered selling the city’s art collection.