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November 3, 2008
Why Isn't Detroit A Paradise?
When I went to Detroit in January of 1995, I was shocked. i had no idea that places like that existed in the United States. An entire city had been burned and abandoned. Entire subdivisions were left to revert to grasslands, to be repopulated by deer and wild pheasants. Today, it remains the grossest city in the United States. A city so riddled with crime that the police are afraid to stop at red lights at night. A city so morally corrupt that the mayor was recently sent to prison.
I found this article very insightful, as it was the first time I ever saw an explanation for the demise of that area, as it was once the most productive region on earth.
http://chicagoboyz.net/archives/6380.html
Obama has no concept of business as a creative and experimental endeavor. On some deep unconscious level, he assumes that material wealth is something akin to a natural phenomenon for which no group of humans can take credit. Therefore, he sees distribution as the only serious economic issue and ignores how politics interferes with the actual process of wealth creation.
We may soon be living in a repeat of '70s and looking back at the years 1984-2007 as a golden era.
Posted by Rob Kiser on November 3, 2008 at 10:22 AM
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