MSNBC Pundit: Detroit Bankrupt From Too Little Government
July 22, 2013 by Sam Rolley
Last week, Detroit became the largest city in American history to declare bankruptcy after struggling for decades to remain financially solvent.
Much of Detroit’s economic trouble came from big–government policy initiatives championed by the Democratic politicians who have controlled the city since the 60’s.
As representatives from the Heritage Foundation contend, ““For decades, Detroit sustained itself through the usual suspects of bad fiscal management: unaffordable borrowing, state grant schemes, raising taxes, and deferring public pension contributions rather than cutting city spending. But Detroit’s tragic downward cycle has reached its end.”
But American liberals refuse to believe that any of Detroit’s problems could be related to Democ5rat policy. MSNBC pundit Melissa Harris Perry said that Detroit’s bankruptcy was actually a result of too little government during a recent appearance.
“But this lack of tax base is also exactly the thing that many Republicans would impose on us even when our cities have sufficient populations, even when our communities have sufficient populations,” she said.
“This is what it looks like when government is small enough to drown in your bathtub and it is not a pretty picture,” she concluded.
Sounds sort of like a chicken and egg problem, doesn’t it?