Heads are exploding in Democratic and union circles around the country because the grownups are in charge and they will make common sense decisions about finances. Thank goodness the Obama Administration is facing budget cuts themselves because they can’t offer Detroit a bailout.
All those fat lazy gov’t employees will either get off their a—es and work hard or get fired.
Worthless union contracts will be cancelled and private firms will be allowed to bid on providing services.
Cushy government pensions will be scaled back dramatically.
Can’t wait to see it happen and hear the howling ...
There’s a lot more going on here than meets the eye and a lot of people are going to end up eating their words.
The democrat gem of the midwest (Chicago) will end up wishing they had Detroit’s luck.