economicollapseblog | Once upon a time it was a symbol of everything that America was doing
right, but today it has been transformed into a rotting, decaying,
post-apocalyptic hellhole. Detroit was once the fourth-largest city in
the United States, and in 1960 Detroit had the highest per-capita income
in the entire nation. It was the greatest manufacturing city the world
had ever seen, and the rest of the globe looked at Detroit with a sense
of awe and wonder. But now the city of Detroit has become a bad joke
to the rest of the world. Unemployment is rampant, 60 percent of the
children are living in poverty and the city government is
on the verge of bankruptcy. They say that Detroit is just a matter of "
weeks or months"
away from running out of cash, and when Detroit does declare bankruptcy
it will be the largest municipal bankruptcy in the history of the
United States. But don't look down on Detroit, because the truth is
that Detroit is really a metaphor for what is happening to America as a
whole. In the United States today, our manufacturing infrastructure
has been gutted, poverty is
absolutely exploding and we are rapidly approaching
national bankruptcy. Detroit may have gotten there first, but the rest of the country will follow soon enough.
Back during the boom years, Detroit was known for making great cars.
Today, it is known for scenes of desolation and decay. It is full of
vandalized homes, abandoned schools and empty factories. The following
description of what Detroit looks like at this point is from an article
by Barry Yeoman...
It’s hard to describe the city’s physical landscape
without producing what Detroiters call “ruin porn.” Brick houses with
bays and turrets sit windowless or boarded up. Whole blocks, even
clusters of blocks, have been bulldozed. Retail strips have been reduced
to a dollar store here, a storefront church there, and a whole lot of
plywood in between. Not a single chain supermarket remains.
So what caused the downfall of one of the greatest cities on earth?
Well, here is a hint...
When you are a manufacturing area, and you lose half of your
manufacturing jobs over the course of a single decade, of course things
are going to get really, really bad.
So just how bad have things gotten in Detroit?