Monday, July 22, 2013
The Motor City Is Running On Empty
#6, 14504-108 Avenue
Edmonton, Alberta T5N 1G8
July XXIInd, MMXIII
Hon. Jeff Johnson, MLA
Minister of Education,
Progressive Conservative, Athabasca-Sturgeon-RedH2O
If accounting & finance students ever need a lesson in fiscal mismanagement, they need look no further than Detroit, Michigan, USA. One hour police & ambulance wait times (even in murder, attempted murder, rape, & beating calls), 78,000 uninhabitable properties, corrupt administrators, & a huge crushing 20 billion United States Dollars ($) debt. Plus the inability to pay legally owed pensions to retired public sector workers & those still working & paying inII the pension plan.
How can President Barack Obama, Democrat-Illinois & his Health & Human Services Secretary Kathleen Sebelius, Democrat-Kansas justify all of his huge spending programs when he & his predecessors are outright letting the infrastructure of what was America's greatest economic engine of a city fall apart? Students learn in schools that are falling apart around them with some even suffering injuries. Some bathrooms in schools are eighty or ninety years old w/o any repair work being done.
Source: Bloomberg News, Steven Church.