Monday, July 22, 2013

Day of Reckoning

Royal babies across the pond are all well and good, but we've got big troubles to deal with over here in the colonies. In the wake of Detroit's bankruptcy, here's a link to some shocking facts about the once-great Motor City.

It a frightening thought, but Detroit might be only the first domino to fall. The equation is very simple. Fewer taxpayers + unyielding unions + more government = not enough revenue coming in to cover pensions, infrastructure, and basic services. The sad results of this disastrous formula could be coming soon to many cities across the country, including my own.