Detroit Mayor Hospitalized as City Nears Bankruptcy

Monday, March 26, 2012

Detroit Mayor Dave Bing (Bill Pugliano/Getty)

The auto industry may be on its way back, but Detroit is close to bankruptcy. The city faces a budget deficit of $200 million and today is the deadline for a financial review panel to decide what the city's next steps should be. But as the city's fate hangs in the balance, Detroit Mayor Dave Bing is recovering from major surgery, and is out of commission for at least several days.

But as the city's fate hangs in the balance...Detroit Mayor Dave Bing is recovering from major surgery and is out of commission for at least several days, if not the next few weeks

Joining us for more on Detroit is Craig Fahle, host of The Craig Fahle Show on WDET.

Guests:

Craig Fahle

Produced by:

Jillian Weinberger

Comments [2]

Ramona from NYC

This has nothing to do with political philosophy... this has everything to do with economy. The problem with the US economy is that its not dynamic - the American economy can't adjust to changing market conditions. Also, it doesn't help that we have a consumption economy - all we do is buy stuff made elsewhere. We don't make anything that people elsewhere want to buy.

Now if you want to make it about politics, both parties have it wrong. The problem with democrats is that they think government spending will save the economy. The problem with republicans is that they think consumer spending will save the economy. We've tried both and neither has worked.

Jul. 19 2012 11:02 AM
listener

"Progressives" got everything they voted for in places like Detroit for fifty years yet it is still never enough.
What political lessons do we take from this once industrious and magnificent American city?

Mar. 26 2012 10:17 AM

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