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Old 03-19-2018, 01:14 PM
 
290 posts, read 313,725 times
Reputation: 313

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Quote:
Originally Posted by Geo-Aggie View Post
Yes, ekman nobody is arguing that Duggan doesn't have an advantage, stop trying to make this into a strawman.

The point remains that Detroit couldn't pay a lot of its past and future bills. this is why bankruptcy happened. This is why bankruptcy had to happen. There were no guarantees that things would turn out well in post-bankruptcy Detroit. If you recall there were quite a few skeptics about Detroit having any sort of future, back in 2014, but things look tentatively good right now. Yeah, Duggan and other city leaders have a situation better than any of the leadership of Detroit has seen since probably the Early 1990's, but that doesn't mean they will make responsible decisions and help facilitate positive change in Detroit. Yet, that is what we see. This is good. Current city leadership gets credit where due.


Again, the skeptics who stated that Duggan couldn't balance a budget a meager two to three years after the Governor, Kevin Orr and the Federal Government allowed Detroit to file the largest and fastest bankruptcy in US history while ruling that secured creditors are now unsecured creditors doesn't understand finance very well. You stated that Detroit couldn't pay its past and future bills and then heaped praise on Duggan when you know those bills and short term future obligations were wiped out with precedence by Kevin Orr and the Feds. My homework for you is to find out how much money was erased annually for Duggan and then compare that to the budget surplus. Also remember, Public lighting and Trash were privatized by Kevin Orr who also hired the current financial guru and Police chief
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Old 03-22-2018, 07:09 AM
 
Location: Metro Detroit
1,786 posts, read 2,673,759 times
Reputation: 3605
This is the internet, not high school. If you want me to see those numbers you're going to have to pull them up for me. I already understand Detroit wouldn't be able to balance it finances without the bankruptcy, let alone have the surplus it has been running for the past four years. This was never a question.
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