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Statism is turning America into Detroit

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Here is a disturbing look into the future brought courtesy of Obamanomics, from a British newspaper. As the article so rightly observes it's little wonder the president would rather talk about Trayvon Martin.

http://blogs.telegraph.co.uk/news/danielhannan/100227375/obamanomics-is-turning-america-into-detroit-ayn-rands-starnesville-come-to-life/

Look at this description of Detroit from today’s Observer:

What isn’t dumped is stolen. Factories and homes have largely been stripped of anything of value, so thieves now target cars’ catalytic converters. Illiteracy runs at around 47%; half the adults in some areas are unemployed. In many neighbourhoods, the only sign of activity is a slow trudge to the liquor store.

I would have thought the decline in the American heartland started with Reagan economics... all those tens and tens of thousands of leveraged buy outs of decent solid profit making American businesses...as just one example of money for a few before the benefit of many.

Not much different the world over really

Cameron followed right wing economics, the kind of idiocy Paul Ryan loves, and their economy is MUCH WORSE than the current USA economy.

So much for right wing economic dogma.

Cameron followed right wing economics, the kind of idiocy Paul Ryan loves, and their economy is MUCH WORSE than the current USA economy.

So much for right wing economic dogma.

MUCH WORSE, Jingthing? Granted the British economy is pretty horrible, but to compare, you need to put like with like; there is not much similarity except that they both spend too much money.... and not particularly wisely.

It is a proven fact that loss of tax revenue is what put Detroit on it's heels and tax paying white flight took place after the black race riots so they basically shot themselves in the foot.

Fifty consecutive years of Democratic Party and union boss leadership didn't help.

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