Saturday, July 27, 2013

Don’t buy the right-wing myth about Detroit

Conservatives want you to think high taxes drove people away. The real truth is much worse for their radical agenda



In the wake of Detroit’s bankruptcy, you may be wondering: How could anyone be surprised that a city so tied to manufacturing faces crippling problems in an era that has seen such an intense public policy assault on domestic American manufacturing? You may also be wondering: How could Michigan officials possibly talk about cutting the average $19,000-a-year pension benefit for municipal workers while reaffirming their pledge of $283 million in taxpayer money to a professional hockey stadium?

These are fair questions — and the answers to them can be found in the political mythology that distorts America’s economic policymaking.

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