Chart: Detroit Population Lowest Since 1910
CARPE DIEM
Professor Mark J. Perry's Blog for Economics and Finance
Thursday, March 24, 2011
About Me
- Name: Mark J. Perry
- Location: Washington, D.C., United States
Dr. Mark J. Perry is a professor of economics and finance in the School of Management at the Flint campus of the University of Michigan. Perry holds two graduate degrees in economics (M.A. and Ph.D.) from George Mason University near Washington, D.C. In addition, he holds an MBA degree in finance from the Curtis L. Carlson School of Management at the University of Minnesota. In addition to a faculty appointment at the University of Michigan-Flint, Perry is also a visiting scholar at The American Enterprise Institute in Washington, D.C.
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11 Comments:
The population decline carries with it a mixed blessing of sorts:
"Detroit's plummeting population means the city's income tax could be illegal, unless the state changes the law that allows the tax ... That law gives Detroit authority to levy an income tax higher than that of other cities in the state because its population exceeded 750,000." -- The Detroit Free Press
Of course, there is always some statist working diligently to snuff out even the smallest ray of sunshine, and City Council President Charles Pugh thinks that he has found a way to put an end to any talk of tax relief for Detroit's remaining victims:
"City Council President Charles Pugh appealed to the census to count Detroit's lawbreakers. There are thousands of Detroiters in prisons around the state who should be counted as city residents, he said." -- The Detroit News
Slightly off topic, but why would bigger cities need *higher* tax rates?
Quote from Angela: "Slightly off topic, but why would bigger cities need *higher* tax rates?"
The biggest gangsters and tyrants always take a bigger cut. Duh.
The blame for the decline and fall of the once wealthiest city in America can be laid at the feet of the union thugs and Liberal planners.
the solution for this is simple:
give some of the abandoned neighborhoods to the japanese displaced by the earthquake.
heck, some of them probably even know how to make cars.
there are already tons of direct flights from detroit to japan and even the airport signage is in japanese.
perhaps a big thriving japantown is just what the motor city needs...
Paul
"The blame for the decline and fall of the once wealthiest city in America can be laid at the feet of the union thugs and Liberal planners.
Thanks for the link. Great article.
The cancer that is the UAW summed up in one sentence:
"Union members also have more leverage with Ford, since Ford workers did not agree to the no-strike clause approved by employees at General Motors and Chrysler."
"Bill Johnson, who represents workers at a Ford plant in Wayne, Mich., told the Detroit Free Press that if Ford does not restore "everything" to the union, "the membership is going to knock it down."
FoxNews
If you want to know who killed Detroit, Cleveland, Pittsburgh, Gary and on and on and on you need look no further than the unions.
My arithmetic indicates that the headline should read: "Detroit Population Falls to 90 Year Low."
@Che is dead: "... If you want to know who killed Detroit... you need look no further than the unions."
Local politicians also were an important factor in the decline of Detroit and other rust belt cities. Of course, the unions help elect the local pols...
""City Council President Charles Pugh appealed to the census to count Detroit's lawbreakers. There are thousands of Detroiters in prisons around the state who should be counted as city residents, he said."" -- The Detroit News
Unbelievable. Only to a politician could this make sense.
"Let's count those people who aren't here, and who pay no taxes, so we can charge everyone else more."
I'm not sure it will matter for much longer. If trends continue there won't be any activity to tax.
http://hallofrecord.blogspot.com/2008/10/detroit-same-old-same-old.html
Mark,
I hail from Flint (my parents are retired GM autoworkers) and now live in Minneapolis. I read the census numbers about Detroit and Flint with some dread. I've been wondering how cities like Flint and Detroit can, if ever, rebound and how it can best happen. I've been reading Tyler Cowen's latest book and think a lot of what has happened in Michigan over the last 30 years are somewhat explained by the book.
My question to you is, how best can the state recover, not to some glorious past, but to a place where it can produce stable jobs? Where does government fit it in? How should it change? How should business and labor change?
I tend to lean center-right, but personally I tend to think the answer has to be more than just applying ideology. That said, I'd like to find out what your thoughts are. Thanks.
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