Re: Can Detroit get any worse?
Reply #3 –
I've been waiting for Smiley to weigh in on this. There's a reason why Detroit is as bad as it is, and it has to do with decades of the way it's been run.
Business was driven out of the city a long time ago by confiscatory taxing policies, by unions that did't know when to stop, and by a political environment that made Detroit the last place you'd want to start a new enterprise.
Today, here in Illinois we have a political environment shaping up that will eventually make first Chicago, then the entire state eventually look like Detroit does now. You can see it in the fact that moving vans are going the wrong way as far as building this state up is concerned. Where are they going? Indiana has billboards up, inviting people/businesses who are fed up with Illinois to move to Indiana, which is a lower-tax state. The Southern states look awfully attractive too. Springfield and Chicago can hardly wait to initiate ever more confiscatory taxes, and penalties which are really taxes in disguise, so it's only a matter of time until they tax this state into ruin.