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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: TimF who wrote (534342)	12/14/2009 8:57:08 PM
From: tejek	Read Replies (3) \| Respond to of 1576180

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. Until you had the layoffs and higher unemployment the bad management didn't have an enormous negative effect on the local economy. Things badly deteriorating before then would seem to go more to unsound local and state governments than to the auto execs. BS, Tim. Detroit AND the big three have been in a downward slop since the 1980s. Detroit's fortunes have been directly tied to the auto industry since Ford built the Model T. The auto industry needed cheap labor so it recruited blacks from the South who settled in Detroit proper. White flight left the city with only the poorest residents in the metro area. The city has become a graveyard of burnt houses and businesses, and people. A crime has been committed in Detroit and the perp is capitalism.