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Detroit: American catastrophe?

Another stolen post from the DetroitYes! forum...

Check out this op-ed column about Detroit from Bob Herbert of the New York Times. Its title says it all: An American Catastrophe.

Best quote:

Detroit and its environs are suffering the agonies of the economic damned because of policies, crafted at the highest national and corporate levels, that resulted in the implosion of crucially important components of America's manufacturing base. Those decisions have had a profound effect on the fortunes not just of Detroit, or even Michigan, but the entire U.S. economy.

“We've been living with the illusion that manufacturing — making things — is so 20th century,” said Harley Shaiken, a professor at the University of California, Berkeley, who specializes in labor issues, “and that we could succeed by concentrating, for example, on complex financial instruments while abandoning the industrial base that sustained so many American families.”

Read the whole thing here.

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