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Politics : Formerly About Advanced Micro Devices

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To: TimF who wrote (532779)	11/27/2009 9:20:09 PM
From: tejek	Read Replies (1) of 1576163

But the cost of living was still high.....because you still had people making major bucks at the auto companies. Once you had high unemployment rate, and massive layoffs, the salaries at the auto companies driving up costs wasn't as much of a factor. (Which doesn't mean costs where low, but there where other factors driving them up). The unemployment rate did not really begin to soar until this decade. By this time, things had badly deteriorated in Detroit and the surrounding communities. You can buy a decent house in Detroit for $10K. In the better suburbs you can buy a mini mansion for $100-200K. There is a mass migration out of the metro area. Many of the best skilled people are leaving; the unskilled are what's left behind. The transformation you are calling for will take years. A comparable example is Pittsburgh. That city has been reinventing itself for 40 years and its still losing population albeit very slowly now. Cleveland is trying to do the same thing. This country should never have let Detroit fall apart like it has...same with New Orleans and other cities. Its a huge waste and a crime.

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