In Michigan we’ve got a techie governor and a couple of techie billionaires who are raiding the tech sector with a fair amount of success.
Google just bought a skyscraper in downtown Detroit and plans to bring in a thousand or so people to fill it.
Well poor Detroit can certainly use the financial help. Other than that you may end up cursing them.
Few Americans today would believe that when the ‘Boomers were little kids Detroit had the highest standard of living in the USA. And was its fourth largest city. But after a race riot or two, Nader and the environmental movement targeting the auto industry, Japan employing a ‘visible hand’ mercantile strategy, and unions unwilling to face what was coming, we got to see Detroit become a ruin. Only in America.