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Detroit's recent file for bankruptcy: a possible look into the future of what could happen to other cities here in the U.S.

Detroit just recently filed for bankruptcy, if you did not already know. The city was once a economically thriving city. The city's booming auto industry kept that city afloat since its birth. However, the auto industry here in the U.S. has saw drastically declined; we recently saw that with through GM. Labor costs here in the U.S. have pushed companies to international grounds.

Could we possible see other U.S. city's crumble because of off shore labor?
Also, what can we learn from Detroit's file for bankruptcy?

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  • Jul 24 2013: Detroit bankruptcy is overwhelmingly the result of single party (Democratic) rule for 60 years, most notably black separatist Mayor Coleman Young who presided over Detroit's decline for 20 years. Democrats, aligned with Unions, chased away private business and spent the city into oblivion. It's truly a Liberal fantasy to blame Detroit's demise on "off shore labor". Any city in America run by unions may face the same demise.
    • Jul 24 2013: To claim that "off shore labor" to be nothing more than a scapegoat is being ignorant to the fact that off shore labor does have devastating effects.
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        Aug 1 2013: In this case .... no. Union and politics own this one.
    • Aug 6 2013: Some of that is true but all of it is bs

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